"Real" quenching oil is quite thin and has a high flash point, the low viscosity makes for high heat transfer, heavy oils do not, it has been noted that the oil should not be cold before quenching, but warm and not hot. If much quenching is to be done, the volume of oil should be large enough that the oil should not overheat. I like to bubble compressed air into the bottom of the quench tank to cause circulation of the oil, avoiding having to swirl the part around, which may cause distortion of the part.
0-1 should be heated to 1450 -1500 deg. F and quenched in oil and tempered to 350 - 500 deg. F for a Rc hardness of 62 -57; suggested tempering: cutting tools 300 - 350 deg F,solid dies and punches400 - 450 deg F, spring temper 750 - 800 deg F.
All this from my heat treating notebook from my days at Kaiser steel in Napa Ca. where I worked and did the heat treating back in the 1960s.