Hi m8,
that is not oil m8 it is high viscose grease, you should get a satchet of it with your new boot kit, glue your new boot together then when its dry but before you put the cable tie on the top pump the grease into the gaiter, then cable tie the top on to the shaft
hope this helps m8, if it does leave me some Reputation I cant see mine in user profile
booohooo
BB