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Oils are fats which are liquid at room temperature, waxes are fats which are solid at room temperature.

Both waxes and oils can be emulsified.

Chemicaly waxes and oils consist of hydrocarbons or esters of fatty acids, they are insoluble in water but soluble in nonpolar organic solvents. The difference in class is based on melting point and larger molecules tend to melt at higer temperatures and are more likely to be waxes, however side chains can lower melting points and hydrogen bonding can raise them. In summary the classification into oil or wax is due to the size of the hydrocarbon and its complexity.

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