Chrome hand tools should be wiped down with a rag after use. Good QUALITY chrome hand tools will not need any solvents to remove the grease. Impact & black industrial finish hand tools should be wiped down in the same manner, but it helps if there is a tiny minuscule amount of light oil on there to prevent rust.

If you do not use your tools on a regular basis or store your hand tools in a high humidity environment, you may want to put a block of camphor in each drawer to absorb the moisture. Camphor is a fairly volatile solid and water-repellent. What happens is that the camphor slowly vaporizes, so that the air inside the closed toolbox contains low levels of the vapor. The vapor settles out on all surfaces inside the container, making a thin covering on everything. Since camphor repels water, it protects metal parts from corrosion in the same way that oil and wax do. Your tools will smell like Vicks Vapo-rub, but they will be safe from rust.

Always inspect your tools regularly and always use the right tool for the right job.