It wasn't "Volvo Spec". While your manual may say 5W-30 recommended (given the spec oil wasn't available in the US initially), Volvo Spec has been VCC RBS0-2AE/SAE 0W-20 from inception on all SPA cars. It could be found through a few sources originally in the US - there's LiquiMoly, Ravensol, Total, and Castrol that I've seen. If you read further in your manual it even says for Extreme Engine Operation to use Volvo Spec 0W-20. Why wouldn't you want to use the oil the engine was designed too especially in extreme conditions? There's a really good discussion that Billlk9989 pointed you to that yields the same conclusion.