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Another issue with oil-based paint is its tendency to turn yellow when applied to areas that don't get much light. So, if you intend to rust-proof some metal piping in a utility room or basement ...
Primer spray paint is designed to protect heavily rusted surfaces Oil based paint with Stops Rust formula provides rust resistant base coat for cars, trucks and other vehicles Covers up to 12 sq.
For cedar, cypress, or other woods that bleed, choose an oil-based exterior paint like Rust-Oleum Protective Enamel. Oil-based paint is less susceptible to unattractive tannin bleed-through.
Water-based, or latex, primers and paints dry quickly. However, they don’t adhere well to glossy surfaces. When covering an old layer of oil-based paint, always use a bonding primer first.