Low ash lubricant compositions containing multiple overbased materials and multiple antioxidants

The present invention relates to lubricating oil compositions and concentrates therefore which provide low sulfated ash while maintaining high performance standards. A low sulfate ash lubricating oil composition comprising an oil of lubricating viscosity, 0.1 to 3.0% of a calcium overbased acidic material, 0.1 to 2.0% of a magnesium overbased acidic material, and at least 0.5% of a combination of an alkylene-coupled hindered phenol antioxidant and an antioxidant other than an alkylene-coupled hindered phenol antioxidant, is particularly useful for lubricating stationary gas engines.