Essential oils won't lift saggy skin, but keeping dry skin hydrated can help improve the appearance of wrinkles and skin elasticity. Lavender, frankincense, and Neroli oil have antifungal, antioxidant, and antibacterial properties, but like all essential oils, they are very concentrated. You should dilute them and make your own essential oil blend by mixing a drop or two of these essential oils with carrier oils (like coconut oil or jojoba oil).