Preheat oven to 375 degrees F. If using a standard 9-inch round baking pan, line the pan with parchment paper. Spray the inside with cooking spray. If using a bundt pan, spray the inside with cooking spray, lightly dust with flour, invert, hold and tap over the sink to remove any excess flour. Set aside.

Combine olive oil, milk, and sugar in a large bowl and whisk together for 2 minutes. Add eggs, lemon zest, and lemon juice, continue to whisk for 1 more minute.

Combine flour, baking powder, baking soda, and salt in a separate bowl. Stir to combine. Add the dry ingredients into the wet ingredients and whisk the batter until well combined.

Pour batter into prepared baking pan. Place into the oven and bake until the cake is lightly golden and a toothpick inserted into the center comes out clean, about 40-45 minutes. Remove the cake once it’s done. Let cool 15 minutes.

Invert on a clean surface. Carefully transfer to a serving dish or cake stand. Dust with powdered sugar and serve.