I tried Oateys dark cutting oil today for the first time. I was drilling a chunk of steel bracket for shelving. It's open on one side so it's a pain to get it really braced up right. Flex does not help with big drills.
The 31/32" drill had to be sharpened more than once through the project, which was to turn the piece of scrap into an R8 tool rack.
I thought the oil did pretty well. A bit smokey. The ventilation fan I installed, the biggest bathroom fan I could find, did a pretty good job of recycling the air. I should have thought to crack the door a bit. Lol. I liked that the oil kept flowing down the bit into the cut. I apply with an acid brush out of a spill proof paint cup. Worked very well.
I bought some Moly Dee but I have done any stainless jobs to need it. I've got a bunch of oils to try out.