It will most definitely make it worse. I have sensitive, dry oily skin and eczema. And when I have oily skin such as my face is when I use baby powder to dry my face so that definitely won't help. Try Vaseline Petroleum Jelly
Or Bertolli® Rich Taste Extra Virgin Olive Oil
instead for me when my skin is dry my absolute holy grail is JERGENS® All Purpose Face Cream
it definitely helps with dryness and dry patches, I use it all the time it's 15 Oz so it's long lasting because a little goes a long way it's cheap. I recommend doing patch testing because what works for some people doesn't work for others but if it's just for dry skin then it's a definite recommend.