No, this product is not oily or heavy. It is described as a gel-balm, which is a modern version of the classic tiger-balm approach. Instead of a thick ointment, the formula is lighter, absorbs more easily and is intended for people who prefer a non-greasy product for repeated use on the back, knees, elbows or shoulders. The presence of glycerin helps the gel spread more evenly, so a small amount can cover a fairly wide area without leaving a visible residue.
After massaging the gel in, the skin should not feel sticky or oily the way traditional ointments often do. This can make the product more practical if you want to move on to other activities or dress shortly after application. It is still an active topical formula, so it is not the same as a daily moisturizer or body lotion. A thin layer is sufficient, and the goal is to massage it into the specific area, not to coat the entire body.
If you prefer a product that sits on the surface and provides a heavy protective layer, this gel-balm may feel too light. If, on the other hand, you dislike greasy residues and want something that can be massaged into a knee, elbow, shoulder or lower back again during the day, its texture is likely to feel suitable. As with any active rub, test a small amount first if your skin is sensitive to menthol, camphor or essential oils.