In my experience, your order of work would be cut frame, plane, oil, raise. Depending on your finish preferences, you might want to run a belt sander to eliminate the planer marks. On oak 100 grit with a heavy duty sander should do a good job. For a furniture finish hit it with an R/O sander (120 grit). This is rather time consuming but it works. Another option is to skip the planing and hit the wood lightly with a belt sander to knock down the splinters and fuzz but still leave the saw marks. This is also a very nice finish (depending on your aesthetic preferences). I agree with LandArk oil. Nice stuff. Good luck