Olive oil is the most important product of olive fruits with worldwide consumption, particularly in Mediterranean countries. Olive oil is generally extracted mechanically from the olive fruits. Some biotic and abiotic factors may affect the quality of oil extracted from olive fruit. Contamination with fungi during growth period in the garden or during the conservation of the harvested crop under storage condition may leave negative effects on the quality of olive oil. However, there is no data available on the effects of fungal infections on qualitative properties of olive oil in Iran. In the present study effects of several fungal groups previously isolated from rotten olive fruit in olive orchards including Alternaria alternata, Fusarium nygamai, Aspergillus ochraceus, Arthrinium phaeospermum, Cladosporium cladosporioides, Aureobasidium pullulans, Epicoccum nigrum, Penicillium expansum, Truncatella angustata, Trichothecium roseum and Trichoderma harzianum were evaluated on some qualitative properties of olive oil, under laboratory condition on two olive cultivars (Zard & Roghani). For this purpose fresh and healthy fruits of olive, were surface sterilisation with 96% ethanol and rinsed with sterile water and then inoculated with each of the fungal groups separately using spore suspension (106 ml−1). The experiment was carried out in two replicates for each treatment (fungal isolates). The results of this study revealed that fungal infection caused significant increase in the extracted oil acidity and peroxide values. However, there was no significant difference in the acidity and peroxide values among different treatments (fungal isolates).