The research work is on the possibility of producing lubricating oil from vegetable oil with palm olein as a case study. The sample analysed was obtained from Vandeikya Local Government Area of Benue State. Some of the physical and chemical properties such as viscosity, flash/fire point, pour point and specific gravity were analysed. This sample was bleached to remove the red colour (carotene) and gummy materials. The bleached sample was tested to determine the above mentioned properties. Comparison of the crude palm olein and the bleached sample with the conventional lubricants obtained from Elf Plc, Kaduna and Unipetrol Plc, Kaduna was made. Finally, it was discovered that the crude palm olein and the bleached sample exhibit a good base as a lubricant.