Lubricating oil composition having a sulphur content of from 0.01 to 0.3 wt. %, a phosphorus content of from 0.01 to 0.1 wt. % and a sulphated ash content of from 0.1 to 1.2 wt. %, based on the total weight of the lubricating oil composition is provided. The lubricating oil composition contains a mineral and/or synthetic base oil and one or more compounds of formula I,