Jeff Davis mentioned the use of 3-in-one and WD40.
3-in-one will eventually produce the same gummy residue over time, and
WD40 has to my knowledge no lubricant content whatsoever. In fact it's a
water repellent and high voltage insulator:- perfect for HT leads in the
motor car.

The best option is to use a high quality clock oil of medium viscosity.

Just my two pence worth.
Regards Paul Camps, Still alive and kicking.