Think of it another way. We use torque to indicate the amount of pressure the bolt is holding against part being held. What we are really needing to measure is the amount of stretch a bolt is experiencing because we know how much a bolt can hold under x amount of tension on the bolt. Torque is merely an observation of that, if you oil the bolt it will turn easier therefore by placing a rotational load, torque, on the bolt it will not stretch to the same length because the friction is reduced by the lubricant. In some cases, the temperature is measured as well because that too will change the amount of force the bolt is applying to clamp the object in place...