That motor was designed to run on regular leaded fuel and non-detergent SAE 30 motor oil. Whereas you can still probably find non-detergent SAE 30 motor oil, I would recommend TCW-III 2 cycle oil, as it will have much less carbon build up. Regular unleaded gasoline mixed 24::1 with oil is just fine. 24::1 mix is 1 qt oil per 6 gallons gasoline.