In general, juices are water-based liquids, while oils are non-water based, and the two will not mix. Because of their chemical makeup and role in the plant, the liquid you use from olives is a non-water based oil, and the liquid you get from oranges is mostly a water-based juice.
However, orange oil does exist – it’s an oil created in the peel of the orange which is extracted along with the juice and then separated.
You also get water from crushing olives to make oil, which you could call the olive juice. We just only use the oil, so we separate it out and get rid of the water
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