Agarwood Oil, also known as Oud oil, Aloeswood oil, and many other names depending location, is an extremely rare and precious natural oil obtained from several species of Agarwood (Aquilaria sp.) trees. It originates in North Eastern India, Bhutan and parts of South East Asia – especially Vietnam and Cambodia – the Philippines, and Indonesia, including Papau New Guinea. Agarwood has a very long history of medicinal use, as a valuable component of incense, and as an aromatic oil. There are several species of Agarwood, the most important species are.