The Daily Halacha Moment - Leftover Oil 🕯
״כל השונה הלכות בכל יום - מובטח לו שהוא בן
העולם הבא״ (נידה עג ע״א, מגילה כח:)
“Anyone who studies Halachot every day is guaranteed that he is destined for the world-to-come” (Megilla 28b, Niddah 73a)
What should one do with the leftover oil from Chanukah?
One should make a condition before kindling the lights on Chanukah that he is designating the oil only for the required thirty minutes, and he is permitted to make personal use of it afterwards.
 If one did not make such a stipulation, the remaining unused oil should be burned in a way that would prevent one from deriving benefit, as it was originally designated for a mitzvah. The same applies to used wicks and leftover wax from the candles.
Oil that was poured into the menorah for use but was not consumed may be used for another night of Chanukah. . One may not use the extra oil for a different mitzvah, such as lighting the Shabbat lights. 
The leftover oil should not be kept from one year to another, and must be destroyed after Chanukah. This is because one may inadvertently use it during the year. 
The above halachot only apply if the oil was placed in the menorah and was lit. However, if one purchased a bottle of oil for the Chanukah lights, the leftover oil remaining in the bottle may be used for
whatever purpose he desires. 
. Chazon Ovadia, Chanukah, p. 164; Yalkut Yosef, Chanukah, p. 513, 14
. Shulchan Aruch 677 §4; Chazon Ovadia, Chanukah, p. 160.
. Kitzur Shulchan Aruch 139:20; Ashrei HaIsh, vol. 3, p. 239.
. Mishnah Berurah §17; Torat HaMoadim, Chanukah, p. 126.
. Chazon Ovadia, Chanukah, pages 166–167, in the footnotes; Yalkut Yosef, Chanukah, p. 515. This is unlike Moed LeChol Chai 27:62.
. Magen Avraham §11; Mishnah Berurah §19.
. Magen Avraham_ 573:8; Biur Halachah, “HaTzarich”; Shevet HaLevi 1:188; Chazon Ovadia, Chanukah, p. 167; Yalkut Yosef, Chanukah, p. 513; Torat HaMoadim, Chanukah, p. 129. The same is true for oil that was poured into the menorah but was not used.
(Adapted from the Laws Of the Holidays - Nacson)
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