Spark plugs covered with oil plus exhaust smoke?

Just got the carbs cleaned and working perfectly on my 82 Honda Nighthawk 450. I started the bike and just a moment later there is a white smoke coming from the engine and exhaust. I took the spark plugs off to aid in addressing the issue and I have found that there is a black oil on them. Anybody have an idea as to what s going on here? Thanks.

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