The invention relates to lubricating oil compositions of a major amount of an oil of lubricating viscosity in admixture with an effective minor amount of an oil soluble or dispersible trinuclear molybdenum containing complex and of an antioxidant, preferably, copper containing antioxidants and diphenyl amines and effective diphenylamine derivatives to enhance the lubricating properties of the oil. Also included are additive concentrates containing these compositions. The invention further includes the method of making these compositions.