The invention relates to a lubricating oil, which is used in the food industry as the oil for, slicers and dividers, as lubricating oil for moulds and pans, or as a pan washing oil. The lubricating oil contains at least -turnip rapeseed oil or rapeseed oil as a main component, -auxiliary lubricant, which is selected from the following agents: -pharmaceutical grade white oil, -methyl ester (RME), ethyl ester (REE) or propyl ester (RPE) of turnip rapeseed oil or rapeseed oil, -emulsifier, which is selected from the following agents: -lecithin -acetic acid esters of mono- and diglycerides of fatty acids, -sucrose esters of fatty acids, -antioxidant, which is added synthetic tocopherol.