Óli is a Faroese and Icelandic masculine given name. It is a diminutive of the name Ólafur and Ólavur. People bearing the name Óli include:
Óli Þorbjörn Guðbjartsson (born 1935), Icelandic politician Óli Jógvansson (born 1969), Faroese songwriter and composer Óli Johannesen (born 1972), Faroese footballer Óli B. Jónsson (1918–2005), Icelandic footballer and manager Óli Niklái Skaalum (1849–1924), Faroese teacher and politician