Oil basics (not bike specific) There are 3 things that make a lubricating oil good 1) Selection of the base oil (mineral or synthetic) 2) Selection of the correct Viscocity 3) Additives First things first, which is the best base oil? Synthetic oils are the most stable, and therefore they are the ultimate in lubricating oils. However, most of the "benefits" of synthetic oils is only applicable with special requirements such as high temperature applications, flame resistance, bio degradable requirements, low flash point etc. For a bike, standard paraffinic mineral oil is as good as any other. It would not be wrong to choose synthetic oil, but on your bike there will not be a noticeable difference in performance. Viscocity: Viscocity is the most important characteristic of any lubricating oil and greatly depends on temperature. Although engine oils are "multigrade" meaning that they have a relatively stable viscocity irrespective of temperature, they work optimally at 90 to 120 degreec Celcius. Therefore it is a bit thick for running at room temperature, making it a usable but not perfect selection for bikes. Low viscocity oils like Q20, WD40 etc. on the other hand will be too thin and not provide sufficient lubrication. In short, multigrade automotive oils are okay, but low viscocity gearbox or hydraulic oils are better. ISO Viscocity Grades are typically given in centistokes measured at 40 degrees Celcius. Therefore any oil with viscocity ranges between ISO VG10 and ISO VG32 would be the most suitable for bikes. Additives: Additives are chemicals that they add to oils to enhance performance. Gearbox oils have EP (Extreme Pressure) additives which help to minimize wear on high-pressure steel on steel contact areas. This would be the interface between your sprocket and the chain roller. Gearbox/transmission oils are thus the most suitable. There is one exception, do not buy PAG worm gearbox oils. So the top choices are as follows: 1) Any low viscosity transmission oil. This will work just as well as any "bike specific wetlube" 2) Low viscocity hydraulic oil (does not contain EP additives, so sprocket/chain wear will be slightly faster) 3) Automotive engine oil (slightly thicker than optimal and also does not contain EP additives) What to avoid: 1) Any watery "releasing oil" such as Q20, WD40 etc. 2) Transformer oils It must also be said that lubrication in bicycles are not very critical, thus any type of wet lube will work okay. Notes: I myself am not a fan of Dry of Wax lubes and consider it to be a waste of time and money. Some use it and love it, I don't. My reasoning is as follows: There will allways be dirt on an open chain. I prefer a well lubricated chain with dirt on. The dirt does cause wear, but the statement that it creates a "grinding past" that eats away your chain is an overreaction. Oil with dirt in it is still in my mind a better lubricant than a poorly lubricated chain with less dirt. Somebody on the thread mentioned that they dilute engine oil with paraffin. Please note that this does not decrease the viscosity of the oil and therefore it is pointless in terms of lubrication, although you might prefer to apply it that way.