Oiling works OK on sleeve bearing fans as long as the bearing isn't terribly worn/damaged, but it's not so good on ball-bearing models since it's quite difficult to get much lubrication down inside the bearings (and some of 'em are actually sealed bearings, so you can't get any oil into 'em).
It's also possible to replace the bearings in a fan, since they pretty much all use one of two or three different standard sizes of bearings. That approach is usually not worth the effort, though, unless it's an unusual size/shape fan that can't easily be replaced. I've had to do it a couple times on oddball laptop and graphics card coolers.
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With regards to disassembly of a PSU... of course with all electrical devices you should always be careful, however, just to head off the usual misconceptions that seem to come up whenever this sort of topic is discussed:
I've never seen a computer PSU-- even a cheap one-- that didn't have bleeder resistors on the main caps to discharge 'em when the unit is unplugged. Those resistors almost never fail, since they have very little current ever passing through them. And even if they were absent or failed, the charge would still be drained fairly quickly just by the losses through the rest of the PSU circuit.
As for how long it takes to discharge the caps, I did some tests on a dozen or so PSUs awhile back, specifically to come up with an answer to that... and it seems to usually take about 10-15 seconds for everything to discharge in an average ATX power supply, though I had a higher wattage one with enormous primaries that took closer to 30. It takes me at least a full minute to get the cover off one, and even with the cover off many PSUs are designed such that it's quite difficult to touch any metal on the mains side without pulling the board out. So realistically, even if you already had the PSU out on your bench and decided to start working on it immediately after unplugging it, it's extremely unlikely you'd ever be in any danger.