A lubricating oil composition including a base oil (X) having a tertiary carbon atom at a content of 8.0 at % or more based on the total carbon of hydrocarbons and an antioxidant (Y) having an amine-based antioxidant (A), a phenol-based antioxidant (B), and a phosphor-based antioxidant (C). The amine-based antioxidant (A) includes a diphenylamine compound (A1) represented by the following general formula (a1):

##STR00001##

where R.sup.a1 and R.sup.a2, na1 and na2 are defined in the disclosure.