This is a funny topic because there are a lot of strong opinions on this. Some say use nothing but powdered graphite, others use grease.
I have had excellent results using Remoil. It is a light gun cleaning oil spray with suspended teflon. The oil is not like WD-40, it will not evaporate. I have used it in sensitive electronics with great success. The excess oil will seep out, but it leaves a thin film of oil and the teflon behind. This stuff is very slick and keeps things lubricated for a long time. I use it on all kinds of hinges and locks. I think wallyworld carries it. I haven't had to buy any in a while (years) because a little goes a long way.
I have had excellent results using Remoil. It is a light gun cleaning oil spray with suspended teflon. The oil is not like WD-40, it will not evaporate. I have used it in sensitive electronics with great success. The excess oil will seep out, but it leaves a thin film of oil and the teflon behind. This stuff is very slick and keeps things lubricated for a long time. I use it on all kinds of hinges and locks. I think wallyworld carries it. I haven't had to buy any in a while (years) because a little goes a long way.