Although I love the look of an oil-varnish finish (e.g., Deft Danish Oil)and use it almost exclusively on hardwood tables, cabinets, etc., I haven’t been able to prevent excessive bleeding or sweating. I’ve rubbed down some oak and cherry a dozen times over several days to prevent development of hardened beads of finish.
I’ve tinkered with the stuff out of the can by adding a little more varnish or linseed oil, diluting it with mineral spirits, warming it up in a double boiler, adjusting the temperature of my shop, and so forth. I must admit I’m not a stickler for allowing wood to acclimate after planing: generally, a week or two after I plane a board it gets the Danish Oil treatment as part of a cabinet or table.
Any suggestions or theories would be greatly appreciated.