Oele (in old Dutch also: Eule, Dutch Low Saxon: Eul) is a population centre in the municipality Hengelo in the Dutch province of Overijssel. It is located south-west of Hengelo, south of the Twentekanaal. The highway A35 and the Provincial road 739|N739 (the road from Hengelo to Beckum and Haaksbergen) are close to the population centre. Until the creation of the municipality of Hengelo, Oele was part of the richterambt Delden.