Several years ago I was in the home (repairing his boiler!) of an oil technical bod and asked him if there was any difference between a good quality, recognised brand oil, and the cheaper brands.
His reply was that when new not really but the cheaper oils after they have been in the engine a few hundred miles simply do not perform as well as the 'better' brands.
True - false? He certainly wasn't trying to sell me oil, wrong market for his company.