Oel is of Germanic origin and its meaning is "descendant of the noble one". It is often considered an alternate spelling of the popular name Ole, which also means "descendant of the noble one". In Old Norse, Oel translates to "heir" or "inheritor", further emphasizing its association with nobility. This name has been used in various forms across different cultures and languages over time but remains relatively uncommon today.
Oel was a popular name for newborns in 1984, with five babies being given this unique moniker that year. However, it seems the popularity of the name did not carry over into subsequent years as there were no other recorded births with the name Oel between 1985 and 2017.