From a tip that I saw years ago:
Mix 1 qt. of synthetic oil with 3 qts. of mineral spirits to make a gallon.
The mineral spirits thins the oil to where it will easily flow into the interior parts of the chain, then evaporate, leaving the oil as lube.
Additional benefit is the solvent aspect of it when first applied, dissolves the "gunk" on the chain so it can be wiped away, cleaning the chain as you wipe away the excess lube.
With new chains I just dunk the entire chain into the gallon jug, let the excess drip off, than rag off the rest.
Probably need to lube your chain more often with this method, but it helps keep your chain cleaner.
I've been using this for decades with good results.