Coconut oil contains medium chain fatty acids which help in improving the functionality of thyroid. At the same time coconut oil helps in improving the body metabolism rate. Always use extra virgin organic coconut cooking oil to enjoy the health benefits of this cooking oil. You can use coconut oil for cooking. Coconut oil is a saturated fat that you can consume by adding it to milk. Daily add two tablespoon of coconut oil to milk and have it in the morning along with your breakfast.