The invention provides a production and processing technology of antioxidant peanut oil, and relates to the field of peanut oil manufacturing. The production and processing technology of the antioxidant peanut oil comprises the following steps: S1, screening materials; S2, drying the materials; S3, preparation before squeezing: peeling; S4, oil pressing; S5, residual oil extraction by treating the peanut residues; S6, removing harmful substances as mildew components; S7, adding antioxidant substances; and S8, centrifuging to form fresh peanut oil. Peanut residues are cleaned and then squeezed again, residual oil on the surfaces of the peanut residues is recycled, meanwhile, residual oil in the peanut residues is further squeezed, the oil yield of peanuts is effectively increased, and the utilization rate of the peanuts is effectively increased; and the peanut is cracked and air-dried, so that the air drying efficiency and the soaking efficiency are effectively improved, the preparation time is shortened, the processing efficiency is effectively improved, and the processing time is shortened.