The invention relates to cosmetics and medicine and can be used for skin care or in form of a warming balsam. The present oily balsam represents a homogenous system and comprises a complex of the following oils, emollients and extracts: Macadamia oil, Bosvellia serrate extract (olibanum), isopropyl myristate, vegetable oil, oil extract of red hot pepper standardised for capsaicin (10%), polyethylsiloxane (PES-4), lecitine and a flavouring agent at a certain ratio of the components. The balsam has a more pronounced prolonged warming, anaesthetic, anti-inflammatory and regeneration action and has pleasant organoleptic properties and texture.