The extracts of black currant pomace, seeds and buds have been prepared using different polarity solvents (ethanol, ethyl acetate, acetone, toluene and petroleum ether). The best yields of extracts were obtained with ethanol from pomace and buds, and with toluene - from seeds. Total phenol content, iodine and acid values of the above mentioned extracts were determined. The extracts of pomace and buds had highest acid values, but extracts of seeds – iodine values; extracts of buds contained many unsaturated compounds. It was found out that all extracts of black currant buds had the highest content of polyphenols (exception was ethanol extract of pomace). The best solvents for extraction of polyphenols appeared to be ethanol and acetone, as their black currant extracts contained more polyphenols. The impact of all the above mentioned extracts on the oxidative stability of rapeseed, linseed and hemp seed oils was studied. We found out that in case of rapeseed oil the highest antioxidant activity was reached with 0.02% additives of pomace ethyl acetate and acetone extracts. Unfortunately, this amount of additives did not improve oxidative stability of hempseed or linseed oil. The linseed and hemp seed oils, as well as their methyl esters as environmentally friendly solvents were used for the extraction of black currant materials. The antioxidant activity had not been observed in case of both extra-virgin (cold-pressed) and degummed (washed with diluted H3PO4 before extraction) hemp-seed oil extracts of black currant, whereas the oxidative stability of fatty acid methyl esters increased when black currant extracts were added.