I think that thinking about time and choosing an oil-type product should never occur at the same time. Any of the "oil" products require a long time to apply right. Most of the crappy, gummy oil finishes we see are the resullt of someone trying to get an oil finish in less time than it needs.
I learned a lot from guys in the musical instrument business about the most modern and effective ways to apply traditional oil finishes. One element they could not improve on was the time it took to get it right. Many experiments were performed trying to accelerate the drying process, using every permutation of heat, wind, every wavelength of light, thinning the products, you name it, it was tried more than once.
The insurmountable problem seemed to be that when heat or wind was used to "speed up" the drying process, it always seemed to slow it down, by creating a hard skin on the surface of the oil, which did not allow the oil beneath that skin to cure in any reasonable amount of time. Most of the gummy amatuer oil finishes that react to any amount of heat had this problem baked in from the early stages of the finishing process: uncured oil sealed away from air, just like the oil when you get it in the sealed bottle from BC!
Thinning the oil looks like it helps, but it produces a much thinner film, requiring more coats, so be careful not to overdo it. This technique can be useful in climates with more humidity, and the attendant longer drying times.
Use good technique, starting with very thin coats, each of which is allowed to DRY COMPLETELY! It will still take a long time, but you will have a finish you can show off to your friends!
If time is part of the equation, choose a modern urethane instead. You can get better protection, faster, and with a little practice you can get various different surface textures. Guys are performing minor miracles with water-based Varathane from the big-box home improvement stores. Fast and easy to apply, cheap, and it wears like high-vanadium steel. I'm pretty sure the "V" in Varathane stands for vanadium.