Provided is a
viscosity modifier for lubricating oil having excellent temperature /
viscosity characteristics, i.e.,
oil film retention at a high temperature and low temperature
viscosity characteristics, and being excellent in handleability that continuously maintains performance over a long period of use of a hydraulic
system, and a lubricating oil composition for
hydraulic fluid such as a hydraulic oil for
machine tools, a hydraulic oil for forming machines, and a
hydraulic fluid for construction machinery, which are excellent in energy saving. A
viscosity modifier for lubricating oil, including an (C)
ethylene-α-olefin
copolymer having an
ethylene molar content rate within a range of 30 to 70 mol%, a
rotational viscosity at 150°C of 300 to 8,000 mPa·s, a Hasen
chromaticity of 30 or lower, a molecular
weight distribution (Mw / Mn) of 2.5 or less, and a B value of 1.1 or more. A lubricating oil composition for
hydraulic fluid, including: a lubricating oil
base oil including a (A)
mineral oil having a kinematic viscosity at 40°C of 10 to 100 mm2 / s, a
viscosity index of 90 or more, and a
pour point of 0°C or lower and / or a (B)
synthetic oil having a kinematic viscosity at 40°C of 4 to 100 mm2 / s, a
viscosity index of 90 or more and a
pour point of -30°C or lower; and the
viscosity modifier for lubricating oil, in which the lubricating oil composition for hydraulic fluid has a kinematic viscosity at 40°C of 28 to 170 mm2 / s.