The objective of the present invention is to obtain an oil and fat composition attaining at high level flavor, foaming properties, water holding ability, melting feeling in the mouth and appearance at the time of preservation, and suitable for shortening and margarine. This edible oil and fat composition contains &ge; 1 mass% and <; 5 mass% of a diacylglyceride based on the whole amount of oil and fat. The diacylglyceride has (1) &le; 50 mass% of the total content of palmitic acid residue and stearic acid residue in the total fatty acid residue, (2) &le; 70 mass% of the content of oleic acid in the total fatty acid residue, and (3) a melting point of &le; 15[deg.]C. The present invention also provides a bubbles-containing water-in-oil emulsified grease composition containing the invented edible grease composition, water, and flavoring agent(s).本發明提供作為可鬆脆糕餅之油脂、人造奶油用之合適的油脂組合物,以及作為摻糖奶油用之合適的含有氣泡之油中水型乳化油脂組合物。第1發明為含有以油脂全量計1質量%以上,5質量%未滿之二醯基甘油酯之油脂組合物,前述之二醯基甘油酯為具有:(1)其全脂肪酸殘基中之棕櫚酸殘基與硬脂酸殘基之合計含有量為50質量%以下,(2)其全脂肪酸殘基中之油酸殘基之含有量為70質量%以下,(3)熔點為15℃以下之食用油脂組合物。第2發明為含第1發明之食用油脂組合物,水以及風味劑之含氣泡之油中水型乳化油脂組合物。