(1):

(superl.) Consisting of oil; containing oil; having the nature or qualities of oil; unctuous; oleaginous; as, oily matter or substance.

(2):

(superl.) Covered with oil; greasy; hence, resembling oil; as, an oily appearance.

(3):

(superl.) Smoothly subservient; supple; compliant; plausible; insinuating.