The squeeze film behaviour between rotating annular plates was analysed theoretically when the curved upper plate with a uniform porous facing approached the impermeable and flat lower plate, considering a magnetic fluid lubricant in the presence of an external magnetic field oblique to the plates. Expressions were obtained for pressure and load capacity; and response time is given by a differential equation. The increases in pressure and load capacity depended only on the magnetization. However, the increase in response time depended on magnetization, fluid inertia and speed of rotation of the plates.