Oil around the flange is a sign the o-rings at the pipe to cylinder connection need to be replaced. Make sure you are using fresh gas premixed at 32:1 or 40:1 with a quality synthetic or semi-synthetic oil before doing a WOT plug reading. If it's too rich, put the clip in the top groove and do another WOT plug reading. If this shows some improvement, go with a 1 size smaller main jet and return the clip to the middle position. Keep doing WOT plug readings until you have the correct main jet.