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I stay away from anything that says fuel saver
As for oil weights, manufacturers recommend oils that are as light as possible to give better fuel mileage
Whilst lighter oils do give better mileage, they don't stand up well when pushed hard
A 5w 30 might be fine for a daily that gets driven sedately, but I wouldn't put it anything I leaned on
Give a 10w 40 or 50 a try
In the end the only real way to see if your chosen weight and brand is get an oil analysis done, that will tell you if it is working and the additives are holding up
Not affiliated > https://www.mainlube.com.au/filtergram/
a 5-30 weight oil is fine for a performance street car, check out YouTube KRE v8 super cars, theirs a clip about the 5-30 nulon oil used in there v8 super car engines, mikeing up cranks , checking bores and bearings for wear after hard race miles at bathurst ect and a 5-30 oil used shows little to no wear in v8 super car engines, that being the 5-30 race oil, so for a street car i do not think you need a heavy oil for engine protection, otherwise v8 supercars would use a heavy oil, and they cop a thrashing for hours on end with a 5-30 oil, watch the YouTube clip, times have changed with modern oils
I assume their oil is only in there for that race, I know I use to change my oil after each day when I was into tracking my car, high boost and engine temps would cook the oil and contaminate the oil with alot of fuel from blowby
For my street car I go 5k km between oil changes
The difference between a race engine and a engine is a street car is when the oil is changed, and the tolerances in the build
Light oil = more power
Light oil = better fuel economy
But, the engines need tight tolerances, oil should be based on the tolerance, amongst other things.
When talking to mainlube, who do alot of analysis of oils used by race teams as well as heavy industry plant, said for my stock bottom ended LS1, that if I was going to lean on the car hard to use 10w 60, but for just driving around and giving it the occasional hit a 10w 40-50 is fine.
They also said that they had good analysis reports from Castrol Edge 10w 60 running in everything from daily drivers to race cars.
In the end oil choice will be hard to determine without an analysis.
Me, and I'm no expert, I've chosen a heavier oil based off what mainline found doing analyses.
So far my engine has not eaten itself, which is nice
bathurst is a long race 1000ks , flat out 7500rpm all day long, thats a lot more torture than a hot street car gets in years of use, oils have moved on from the old days, if a 5-30 weight oil can take that amount of sustained rpm at tracks like bathurst in a v8 super car and show no next to no engine wear , well that tells you something, i am no expert either but watch the video on youtube kre v8 supercar engine oil, they build, analyse, test wear, time service components ect, mega expensive engines , thats what they use a 5-30 weight oil does the job