Vitamin E oil is not same as vitamin E supplements, some users simply pop open vitamin E capsules and put the contents on their skin. Which may not be safe or right to do. You can apply Vitamin E on your skin or or swallow it as a capsule. Both have different benefits. Vitamin E oil is a powerful fat-soluble antioxidant that can rejuvenate your skin and overall health. It encompasses a group of eight compounds that include both tocopherols and tocotrienols. Vitamin E oil in its purest form is extremely versatile. Vitamin E oil is also an ingredient in many skincare products. The biggest risk involved in using Vitamin E capsules for skin care is, difference in the concentration.