Palmers Cocoa Butter Formula Soothing Oil for Dry Itchy Skin. For Dry, Itchy Skin Soothing Oil is uniquely formulated to soothe, moisturize and soften the dry, itchy skin associated with pregnancy. The unique combination of Cocoa Butter, Vitamin E, Collagen, and Elastin soothes and softens skin naturally, while improving skin elasticity and firmness. The addition of Lecithin delivers further softening and smoothing effects. Convenient pump spray.