If you're referring to a hardwax oil, I'd suggest re oiling about every 3-5 years. You can buff and apply a different shade if it's a hardwax. However, since the other finish will still be there, then it won't have a huge impact on color, but it will change a bit.
If you are referring to an oil polyurethane, I'd suggest buffing/recoating every 5-10 years. If you have pets, kids etc maybe a little more often. You can buff and then apply a universal sealer that is tinted with a dye to alter the color later, but it's pretty tricky. It's not impossible though.
Hope this helps.
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