The invention discloses a production process of fragrant peanut oil, and belongs to the field of edible oil processing. The production process mainly comprises the following steps: firstly, removing stones from peanut raw materials, screening and carrying out color sorting; removing impurities, removing peanut coat, crushing peanut kernels, sieving to obtain crushed peanut kernels, adding the crushed peanut kernels into finished peanut oil, mixing, stirring, heating, pressurizing, cooling to room temperature, centrifuging to obtain peanut oil, adding carclazyte and perlite, stirring, and finally filtering to obtain the fragrant peanut oil. The technological process is simple, safe, convenient to operate and low in energy consumption, and special protection requirements are not needed. Theobtained fragrant peanut oil meets the national and industrial standards and has a very strong oil flavor and is a new peanut oil product.