I asked the father in law for some help/info on oil for the engines mentioned, hope it helps,
Hi Craig,
with no catalytic converters to worry about the oil performance quality suitable for these engines will be API/SF or API/SG or newer. The engines were probably developed using API/SF but that old technology is probably not available these days; but that will not matter since the newer technologies build enhanced performance features. As for viscosities then for non-extreme climates SAE 10W40 is the best bet although SAE 5W40 products can be good also for very cold starts in particular and SAE 20W/40 for warm winter countries.
The API quality defines the oil additive performance level (ie detergents,dispersants,antioxidants) and the SAE Viscosity performance at winter temperatures eg 20W or 10W or 5W and operating temperature eg @100 degC SAE 30,40,50.
The only other issue is the lubricant base stock which is the carrier fluid (oil) into which the additives are blended ie. API performance additives and SAE viscosity index improvers to give multigrade characteristics. It is worth knowing that sometimes the purest base stocks can be the most difficult to treat. However a synthesised hydrocarbon or semisynthetic base stock product with strong API performance additive packages make good lube oils for these type of engines and exotic lubricating fluids are unnecessary as a general rule.
Finally do not underestimate the value of regular oil changes whatever product you are using in order to replenish the oil performance chemistry which naturally degrades with time and with use. With higher oil consumption engines some replenishment is being achieved by oil top ups and has a beneficial effect to be taken into account.
As a general principle it would be better to half the oil change period than pay twice the price for an oil providing you take care in what you buy in the first place! Look for API and SAE as mentioned above which are USA organisations; (there are some European ones such as Mercedes Benz but lets not overcomplicate matters.)