I agree with Maverick.   The whole beard oil, balm, etc. is more of marketing ploy to make money.  Most are just gimmicks, and dry out your beard and skin.    They way to nice skin and good looking beard is nutrition, period.  Eating healthy and exercising will result in a healthy skin and beard. 

A friend of mine who has been beared for many years went through the whole beard oil stage, spent lots of money and found out they are useless.   Now he just conditions it once week using Suave shey and almond butter conditioner, you can buy it at your local grocery store for $3.00, the almond butter and shey works great.  Also use Black African bar soap to wash your face and beard.