An oil soluble dispersant additive useful in oleaginous compositions selected from fuels and lubricating oils comprising the reaction products of:(i) at least one intermediate adduct comprised of the reaction products of(a) at least one polyanhydride, and(b) at least one member selected from the group consisting of polyamines, polyols, and amino alcohols; and(ii) at least one member selected from the group consisting of(a) at least one long chain hydrocarbyl substituted C.sub.4 -C.sub.10 dicarboxylic acid producing material;(b) at least one long chain hydrocarbyl substituted hydroxy aromatic material and at least one aldehyde; or(c) at least one aldehyde and at least one reaction product of a hydrocarbyl substituted C.sub.3 -C.sub.10 monocarboxylic or C.sub.4 -C.sub.10 dicarboxylic acid or anhydride and an amine substituted hydroxy aromatic compound.Also disclosed are oleaginous compositions, particularly lubricating oil compositions, containing these oil soluble dispersants.