The present invention provides a conductive lubricant composition, characterized in that the composition contains a lubricating base oil (A) other than a silicone oil, and a non-metallic antistatic agent (B), and exhibits a kinematic viscosity of 25 mm2/s or less at 40° C., a viscosity index of 100 or higher, a flash point of 150° C. or higher, and a volume resistivity of 1×1010Ω·cm or less at 25° C.The invention also provides a bearing oil formed from the lubricant composition.