tI would not advise cutting oil,I run my adcock and shipley 2e mill with cutting oil,its been there for about five years,I tried out the cutting oil as I was having trouble with bacteria in the soluble oil, The mill does not get a lot of use,and the oil remains in good condition,but and its a big but,it makes an awful mess and takes about a week to fully drain back into the sump,the swarf takes the same time to drain 90% of the oil from it,remove the swarf from the machine too quick and a lot of oil is lost still stuck to the swarf,plus if you put swarf in bin liners oil will leak out and more mess.Any workpiece will be covered in oil and require degreasing,plus parallels angle plates and vices will be soaking in oil. Only advantage as I see it ,finish on all steels is improved and I dont have to continually replace soluble oil. on my other machines I use soluble oil,three with pumped systems and the myford it is still the traditional half pint china mug and a cheap paint brush.I first encounteredhe bacteria soluble oil problem 30 years ago on cnc machines,and we put it down to the fact the soluble used was a special high performance soluble oil,At the time I was using soluble oil in small quantities in my home workshop brush or squirt bottle,my oil supply being a gallon of sol oil that I had aquired in the early 1970s, I then bought a large turret mill with coolant pump and I purchase a new supply of sol oil which started to go off if not frequently used, changed oil supplier Castrol ,got same problem the oil being eaten by bacteria,and leaving an acidic watery mess. Castrol suggested running the machines every other day if not in use to aerate the solubleoil, It did not really work. And looking back at the cnc machines where I first saw bacteria the machines ran 24/7 and topped up daily with 5 gallons of soluble.So the fluid in them was aerated. I reckon the problem is that as usual with health and safety the anti bacteria agents have been removed,tried adding jeyes fluid ,did not improve anything. Over the many years that I visited many engineering subcontractors it was rare to see neat cutting oil used,its use seemed to be in larger manufacturing set ups,ie auto lathe shops ,and continous operation cutting where there were facilities for handling the swarf,recovering the oil and containing the mess. I would stay with soluble oil,wipe the machine down after use,and then lubricate the bare metal with some cheap lubricating oil.Also if you get neat cutting oil on the workshop floor it will not evaporate,it will get waiked indoors.If a small pumped system is used then make sure it can be easily accessible for thorough cleaning.