Daxx, I may be wrong, but I don't think that olive oil is the best thing to use on handles -- the oil becomes rancid and breaks down (or at least that's what I've been told). I suppose it's better than nothing, but I think better products would be linseed oil, neatsfoot oil, or any of the products put out for oil-finishing wood (I think MinWax is one of the companies putting out such a product).