I can see those red and white scratches....

If you want the ultimate rub down between coats for an oil finish....rub it between coats with a 'Mirka Abralon' pad (add a few drops of butcher block oil to the pad). Wipe the stock down before the next coat of finish...the guy assured me the butcher block oil won't react with an oil finish.
They come in 1,2 and 4 thousand grit, keep it in a zip lock bag and one pad might last forever.
They also work great dry for preping wood before the first coat of finish and in between coats of padding laquer.