Hi, I'm a long time reader, first time poster
I recently purchased a 1999 International 4900 series truck with a DT466E engine with only 97500 miles on the truck that came from a large company, known for taking and keeping a very strict maintenance schedule, and had this very same problem.
Here's what I did to fix it....
When I purchased the truck, it would use about 3-4 qts oil per tank of fuel (50 gal tank). I thought it was excessive (also, when I would start it to warm up or when I would park it after a good run, I could smell the oil but not like it was burning, rather kind of like a well used Briggs & Stratton lawnmower..lol) so I did the same as you, checked all the obvious scenarios, turbo line, crankcase vent, look into exhaust and check for dark color, etc... all checked out with no sign of excessive use.... So I finally got a friend of mine involved (he owns his own business working on trucks), and had a conversation with him. I mentioned that I had been reading on the net about these engines and oil usage and the norm with almost everything I read or researched was the same.... injectors, sleeves, injector seals, etc.... I took the truck in to him and let him do what he does... turns out that he replaced a diaphragm in the injector pump, something about the engine oil primed the injector pump ( I know nothing about that, hence why he gets to fix it, lol), that almost stopped the oil consumption, went down to about 1 qt per tank of fuel but eventually it got worse as I used the truck. Next, I made an appointment for him to pull the injectors and replace the seals ( which, as I understand, are just o rings). Online they talk about the injector seals going bad, as far as I can understand, the reason is because that the o rings seat against a split washer and the gap in the washer is the problem, the oil pressure from the oil, pushes the o ring into the gap, thus eroding or degrading the sealing ability due to there being nothing to support the o ring. Well he purchased a kit, per my direction, and replaced all the injector seals, he told me that only two of the seals ( I believe there are 3 or 4 on each injector) showed a very slight sign of any problem at all.... He then went into things a little farther and what he found was , I believe, a small booster or transfer pump ( I forget what he called it) was bad ( when he showed me, he could push the plunger/primer by hand and oil would gush from every orifice ). It is the small sort of triangle part that is between the fuel filter and the injector pump... it is mounted onto the fuel pump itself. You can't miss it, open the hood and follow the fuel line from the filter, it will be the next thing plumbed between the filter and the injector pump.
All in all, he repaired the diaphragm in the injector pump, did the injector seal kit ( came with new overlapping spring washers/ retainers), and installed a new (again, I think he told me) booster pump. just a note, he had to buy a complete fuel pump to get the booster pump off it, then return the fuel pump ( something about it wasn't available separately and the dealer couldn't remove it). When all was said and done, the total bill was just over $1900.
My truck now has about 3000 miles and about 245 hrs running time since the repairs ( I know because I had to install a new dash), and has used absolutely no oil at all, the oil level hasn't gone down one bit. FYI, my truck holds just over 7 gallons of oil.
I hope this helps.
Portabledave