Balsam Fir Oil is an essential oil derived from the needles of the balsam fir tree, scientifically known as Abies balsamea. Revered for its fresh, woody aroma with hints of sweet resin, this essential oil has been used for centuries in traditional medicine and aromatherapy for its soothing, invigorating, and rejuvenating effects on both the body and mind. Here are some mind-blowing health benefits of this essential oil.