The present embodiments describe a method to reduce vanadium corrosion in a gas turbine by adding an oleophilic corrosion inhibitor into a combustion fuel, in which the oleophilic corrosion inhibitor comprises carbon black support particles and magnesium bonded to the carbon black support particles. The carbon black support particles comprise a particle size less than 40 nanometer (nm), and oxygen content less than 1 weight percent (wt %), and a surface area of at least 50 square meters per gram (m2/gram).