Abstract Phenols may be added to oleic acid in methanesulfonic acid solution to give the corresponding hydroxyphenylstearates in good yield. With phenol not only is the yield (ca 80%) better than that reported previously using other reagents but considerably less color is developed also. Surprisingly good yields (35–60%) were obtained with such complex phenols asp‐t‐butylcatechol and 2‐naphthol.