For all the good things people say about the fat composition of olive oil, canola oil is probably better. It also has a more neutral taste. It's all refined though, and a GMO, things which some people don't like.
Anti-inflammatory diets is about the only way to survive into old age regularly, in both the length of life, and the quality of life aspects.
The main reason is that these are supposed to produce less cancerogenic compounds after high temperature treatment* and they also do not leave any strong specific taste.
Both do not contain significant amount of omega-3 fatty acids, but the cooking oil probably also should not be your main source of fatty acids anyway (usually we wipe the products clean after cooking).
Perhaps somebody else could give better insight into it.
* I actually have not researched this deeply, but these oils do have relatively high smoke point https://en.wikipedia.org/wiki/Smoke_point
If your goal is to minimize aldehydes produced in cooking coconut oil is maybe best but can affect the taste. Lard and goose far are good alternatives that for some foods can provide a better taste.
Edit: Lard and Butter also work quite well.
Edit: Geese might disagree but they're mean.
My understanding is that peanut oil is very pro inflammatory and a bad idea to use at high heat. Butter, animal fats and coconut oil are my go to oils. But I don't deep fry.