Grease oil ring around tub and it smells like oil?

I would use vaseline. Remember, if it takes grease, which many of them don't, you need to use a grease that is not oily, because oil will rot rubber.
You could also use a white lithium grease, or sililcone grease.
Be blessed.

If it is grease that is in the tub then the trans is shot. Thats the only part that would result in this. Very pricy part but if you want to order it go to marcone.com with your model number and you can get the parts. I would not recommend fixing this, costs almost as much as new unit.

You can try Lestoil to get the grease out, it has surfactants that will help break up the grease, if they aren't set too deeply. This seems to me to have a leaking transmission if you are constantly getting grease on the clothes. A better machine is anything newer that you can afford, quite honestly, there is only your preference to what you want/need for your usage.
Hope this helps, please rate service and comment, Thank You,
Joe

-If the motor was not running at all i would say you have a bad lid switch.
- If the motor is definitely running then look under the washer at the interior cabinet about level with the bottom of the tub for signs of oil. If you see a ring around the case- you have a bad transmission.
-If no oil MAKE SURE it is still washing and doesn't just sound like it is as you may have a bad drive coupler.
-If the machine is washing, has no oil and just will not spin you may have one of the following:
-wash tub fallen and contacting outer tub due to worn drive block (check for space under agitator)
-item lodged between tubs- use flash light to look at all of the holes on bottom of tub as well as at top between white tub cover and inner wash tub balance ring
-something jammed in pump- unusual to still have wash action as pump is still running in reverse (sucking water back) but may have something that gets driven into it when trying to drain/ spin
-defective gear in transmission not allowing neutral brake to shift out to spin
Good luck!

If it is draining down and spinning the clothes dry then all of the water is draining out. There is only about a 1/2 in space under the tub. There is a balance ring around the top of the tube that holds water. That may be the sound you are hearing? Try washing a load without anything in it on hot and use a box of baking soda. See if that will help with the smell. My washer leaves a mildew smell sometimes. I started running an extra rinse cycle on it. And that helped. I think it was my water.

This may be a busted tub seal, but is usually caused by the outer plastic tub retaining grease and debris from previous loads. I would try running a hot water only wash cycle at full water capacity and adding a strong degreaser. This should emulsify any left over grease while also washing out the outer tub. If the problem persists, you may need to repeat the procedure. Remember that your washing machine transmission is located below the drum and tub assembly and is full of oil, but that oil simply cannot travel uphill.

sounds like the seal at the base of the tub is allowing oil to leak from the bearing (that is allowing the tub to spin on the motor shaft.
Not much to do unless you are good with tools and can remove the tub and replace the seal. (This is sorta like the seal between the transmission and engine on a car, or around the main motor bearing)

Hi
to chek what is wrong follow the bellow instruction....
Check the motor bearings
If your washing machine is making a high-pitched whine or squealing noise while running, the main culprit is usually worn motor bearings. To check the motor bearings, remove the belt and run the motor by itself, listening for the noise. If it makes the noise, than the problem is most likely the result of worn motor bearings and has nothing to do with issues in the rest of the washer.
Check for Obstructions
Sometimes coins, bra underwires and other metal objects come loose in the wash and become stuck between the tub and the drum. Using a flashlight, take a good look inside the washing machine. If you see dents, scratches or dings, that's a sign that there either are or have been items bouncing around in there that can make a horrible racket.
Check for Grease Spatter
A high-pitched squealing can be caused when the grease thins around the bearing that's located under the tub. Open up the washing machine and check the interior for grease spatters or spots. That could mean that the grease has thinned out around the bearing and it's making the noise because of rubbing.
Check the Drum for Irregularities
Spin the drum by hand, listening for the noise. If it makes the noise in the same spot with each rotation, the problem could be with the washing machine drum itself. Parts of the drum can corrode over time, leaving it vulnerable to cracks or rust.

Thanks for contacting fixya.com

There is a bearing seal that does tend to leak. Feel free to ask any other questions. I do recommend copy and pasting this link in your internet address bar under a new tab for more great repair info:

http://home.howstuffworks.com/how-to-repair-a-washing-machine3.htm

If its oil your transmission is leaking oil. Time for a new washer.