Add the coconut oil, olive oil and beeswax to a glass jar.
Heat in the microwave for 30 seconds, remove and stir, then heat for additional 30 second increments, until fully melted, stirring well between each heating session. A double boiler can also be used to melt these ingredients together.
Wait a few minutes for the mixture to cool a little before adding essential oils, if using.
Pour into containers and let sit until set.
Add the lid and store.
Store in an airtight glass jar in a dark, cool place for up to one year, though check it regularly.