Lubricating oils depending on composition will affect the casing depending on the polymer they are made of. Is much safer to use soapy water or better graphite instead. Hope this helps
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BE CAREFUL. Don't want to venture many guesses as to what such a lubricant would do to the parts involved. I would recommend getting some sort of contact enhancement solution and using it. It should slicken things up a bit but is designed for that sort of thing too. Before you use some sort of lubricant if you decide to go that route, I suggest you drop an email to the cable manufacterers and ask them for ideas and/or warnings.