I don't care which brand of oil is being used, what is important:
"Volvo requires oil to meet or exceed GF-3, API SL, and ACEA A1/B1. Liquid Moly synthetic meets ACEA A3/B4 and API SN/CF."
Liquid Moly meets and exceeds those specs, and will easily last for 7500-10,000 miles between changes.
I get my oil at Walmart in the 5 gallon jugs:
http://www.walmart.com/ip/Mobil-1-0W-40-Advanced-Full-Synthetic-Motor-Oil-5-qt./23636902?action=product_interest&action_type=title&item_id=23636902&placement_id=irs-2-m2&strategy=PWVUB&visitor_id&category=&client_guid=9ff364bb-f7c6-484d-943f-f6ea793b023c&customer_id_enc&config_id=2&parent_item_id=14958681&parent_anchor_item_id=14958681&guid=c1104fe3-157a-42da-a300-3ae6ec0d9c6a&bucket_id=irsbucketdefault&beacon_version=1.0.1&findingMethod=p13n
The zero weight oil will do just fine in your climate.
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Keeping it running is better than buying new
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