The Diesel version of Mobil 1 that you're thinking about is Delvac 1. Hard to find and expensive, at about $22-$25 per gallon. My E300 has happily run about 50,000 miles on Amsoil Heavy Duty Marine and Diesel engine oil (15W-40). You can get it delivered to your door from
http://www.lubespecialist.com for about $16 per gallon.