From experience, I usually go the other way around. I build the engine to use the available pump gas and use the best oil I can find.
Fuel, you use a lot of and are often forced to use what the pump has. Build the engine for it.
Oil, you use a little of it and is critical to the long term health of the engine. Better oil is cleaner, lubricates better, and MOST importantly, less prone to fouling the plug.
If, perchance, you cannot find good oil at a backwoods gas-stop, one tank of cheap oil will not kill your engine.
One tank of 87 octane fuel will kill an engine built for 100 avgas.
$12 for a litre of good synthetic oil figures out to 72 cents in a tank of fuel.
Cheap oil is a poor way to save 54 cents, especially if you are doubling up on it to "stay safe".
Steve