I guess you might what it to be a figure 8 shape so it recirculates teh oil, not pumps it like a screw off one end..
No, you are over thinking way too far and its becoming a bit convoluted.
A figure 8 would not recirculate anything it would just defeat the entire purpose.
You must not be familiar with the Plane Screw... its one of the oldest, if not THE oldest mechanical pump design on the planet.
It's also known as an auger in its modern use.
How does a meat grinder work? An auger, aka screw, aka worm gear aka spiral twisted flat blade.
There are easily a million examples of why a screw or in the specific instance a spiral groove would be the ideal primitive pump for the task.
A straight line groove creates a single point of consistent uniform non contact for the entire length of the groove, which will become a stresser as well as upset the crank balance ever so slightly.
A spiral will not upset balance provided the stop does not exceed the start (precisely 360° spaned across the entire width)
Too much spiral and it will not function as intended. Not enough and you have a bigger problem, which is why in old engines that use this method of drawing oil into a bronze sleeve bushing or even a babbitt, the pitch was determined by the length
A spiral would provide a non contact point only the width of the groove, but still fully in contact with the rod end unlike a straight line where there is just a uniform gap that also does nothing to leverage the crank rotation.