I may be mistaken, but the Shiseido Hydrating lotion is alcohol free. If there is a delivery alcohol, any drying effects are negated by the glycerin in the product. The other products contain SD alcohol, but a common belief is that SD alcohol is drying to the skin. SD alcohol evaporates very quickly, so it's used as a carrier for other products. This is better for oilier skin types. Carriers like PEG emollients and Glyceryl Sterates are better for drier skin.
Many people claim that they have oily skin, when in fact they are normal or combination. It is also possible to be oily and at the same time have skin that is dehydrated. If your skin is truely oily (shiny all over at an early hour in the day, not tight or dry after cleansing, large pores, dewy texture) then none of these products should be a problem.
A common belief is that oily skin types need an additional moisturizer. If you are truely oily, you would never want to put a cream or lotion on the skin. Not only will this clog the pores, but it will make the skin even shinier. The skin's own sebum is one of the best moisturizers around. The trick is to controlling excess sebum. This can be done with a product with hydroxy acid, matifying product, a mask, or even powder. Also, most of the skin's hydration should be internal. Getting a daily intake of at least 6 glasses of water should suffice. Avoid caffeinated beverages, sugary drinks, and alcoholic beverages and your skin should not be dehydrated (if you are oily).
Also, alot that has to factor into your skincare regimen is your skin's condition. The skin of an 18 year old boy is definitely very different from that of say a 55 year old woman. If your skin his a lower vitality, then it would most likely need a product like a heavier moisturizer. All a moisturizer does is prevent further moisture loss. These products essentially create a barrier over the skin, because they are not readily absorbed through multiple layers of skin.
Ideally, the skin should be cleansed gently and thoroughly with a product that respects the moisture balance of the skin. Tone afterwards, but in my opinion toner is a big gimmick of the cosmetics and skincare world. Follow with an appropriate treatment, whether it be a product with hydroxy acid, a light sunscreen, or a lotion or cream.
In my opinion, less is more. The less you put on your skin, the better. Also, your skincar routine may change on a daily basis. Your skin could change depending on weather conditions, your diet, stress, etc. Personally, I wash my face with gentle foam cleanser with salicylic acid to help promote exfoliation and to prevent breakouts. If I shave, then I exfoliate first with some baking soda in my cleanser. Aftershaving I use Shiseido's Hydrating lotion and then follow with a gel sunscreen. At night I cleanse, use a mask about twice a week, and then follow with a treatment gel with salicylic acid.
Remember though, everybody's skin is different! What works for me may not be appropriate for someone else. Basically you want to "listen" to your skin. Look for signs of dehydration, stress, or oiliness. Also look for signs of dulling and sallowness, this could mean your skin needs some exfoliation. Whatever product you use, always follow a basic regimen, cleanse, optimize, and protect.