Use as little oil as possible to lube . A light oil such as oil used for RC cars would be a good choice. Use a toothpick to apply oil where needed or invest in a needle point oiler
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It's also a good idea to clean any lube point before applying lubrication. Bearings are especially good at get dirty,so be sure to clean them.
A little oil or light grease would be good at the servo arm pivot points
You'll have to get out the supplied hex wrench and remove the lower gear for the rest of the lube points
Swash plate lube is important
Use the shaft to gently
push the lower bearing
housing out the bottom
Clean before lubing any bearing
Remove lower bearing housing
I hope this helps you to keep your XRB flying for a long time

Happy Hovering

Rick