Transformer oil is one of the essential insulation medium used in power transformers. During transformer operation oil may expose to various stresses such as electrical, thermal, chemical etc. As a result electrical properties of the oil may be degraded and hence leads to transformer failures. This study aims at monitoring condition of field aged oil and establishing any correlation among electrical properties. Twenty four oil samples (750 ml each) were collected from field aged transformers. The samples covered a wide spectrum of field ageing from one year to 40 years. First, colour of the collected oil samples were observed and categorized according to standard colour code (ASTM-D1500). Then electrical properties were obtained by frequenc...