A composition containing one or more sulfur-containing compounds represented by the formula (R1)a(X)(R2)b wherein R1 and R2 are the same or different and are the residue of an olefin (e.g., aliphatic, aromatic or cycloaliphatic olefin) having from 4 to 40 carbon atoms, X is the residue of a thiol or polythiol, a is a value from 1 to 6, and b is a value from 0 to 6. The composition has a kinematic viscosity at 100° C. (Kv100) from 2 to 300 cst, a kinematic viscosity at 40° C. (Kv40) from 5 to 4000 cst, a viscosity index (VI) from −100 to 300, and a Noack volatility of no greater than 90 percent. A process for producing the composition, a lubricating oil base stock and lubricating oil containing the composition, and a method for improving one or more of solubility and dispersancy of polar additives in a lubricating oil containing the composition.