OK, perhaps there's a viewability issue goin' on here, which we've all experienced at some point with certain quirky websites. So I've posted the entire post from some machinist dude at that machining message board:
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There are several series of dual- (and triple-)purpose straight oils intended for use as cutting, lubricating (and hydraulic) oils. Modern ones are designed for minimal misting/smoking, non-staining of yellow metals, and minimal chlorine (and other disposal nuisances). They are most often used on screw machines that can't tolerate water-based coolants.
The Mobil Mobilmet 400 series is one example. (This replaces an older series named with greek letters like Omicron and Sigma.) Oils in this series are available in several viscosities. I happen to use Mobilmet 426, which is toward the thicker side. Chevron Bright-Cut NM and Citgo Autocut NC 425 are comparable products.
Note: not all dual-purpose oils are non-staining of brass and aluminum (low or no active sulfur), or non-chlorinated (alternative EP additives) so make sure you check for those properties if they're important to you.
On occasion, I have seen Mobilmet 404 (a fairly light oil) on sale at Enco. McMaster-Carr carries Mobilmet 426 and 766. For other dual-purpose oils, you will probably have to order through a local oil distributor. A good distributor will work with the oil company sales reps to figure out some specific recommendations for you.
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I know that product data sheets are readily available on the Chevon and Citgo products mentioned via Google.