For those using metal wheels – the ball bearing types may not be the focus here – there is a remedy I have used here in So. Calif. for the “squeaking” of axles rubbing inside plastic journals.
The remedy is obvious: Apply a small drop of plastic compatible oil into each journal and replace the axle end. OK, the argument is DIRT and DUST will get in. I have lubed over a hundred freight and passenger cars plus loco tenders the same way at the Living Desert outdoor RR in Palm Desert, Ca. for years. The dirt and dust concern is very understandable with the continual dry, and dusty, winds. However, it appears the journal makes a tight enough seal around the axle to prevent wear from dirt entry. Granted, any oil escaping does externally capture the dust and is therefore visible – thus giving evidence to the “wear” concern. The squeaking stops.
Thanks to Ron Gibson, current Walthers mgmt. for the Marklin/LGB product side, Mobil One is a very good plastic compatible oil – in 5/30 and other weights – for our hobby. I simply reload any medium LaBelle applicators. The same accolade for the Mobil One grease for the loco gears sold in the small tubs. However, the LaBelle heavy weight oil is also superb for the internal loco gears and bearings. It has a tendency to stay.
Wendell