Gentlemen,
I recently picked up a really nice 1995 Mercedes E320 from a local independent Mercedes shop. I am pretty impressed with it, even observing about 24 mpg. They also sell even older Mercedes which customers just don't want any more, for whatever reason. Either gas or diesel powered, they use Pennzoil 15w-40. There is not much bandwidth devoted to that particular oil on this site, however.
I know they service some built back in the 1970s, which get that, too. So if the opinion of some guys charged with keeping some nice old MB cars on the road applies even to this particular car, I'd go with a HDEO 15w-40. I bet the Shell and Chevron products are good, too.
Interesting that more gas engine cars don't use these oils. I've used a flashlight to peer into the engine afer removing the oil fill cap. I can see a fair amount of metal parts in there, with no hint of sludge or even varnish. It looks practically new! I don't know what Mercedes is calling for in their newer cars, but for those of us with older Benzes, this kind of oil seems to be just what the doctor ordered.
Regards,
Jett Rink