You can (and I do) use the Nuln Oil straight out of the bottle.
To solve the pooling problem you must first give the surface a very dry coat of matte clear spray. This creates a slightly rough “tooth” to the surface that the Shaders will hunker down into and resist pooling.
Any smooth surface: bare plastic, gloss paint, oil paint, etc. will cause the water based product to pool.
As to creating that super flat, matte finish; I again refer you to the photo above of my Pershing engine deck as sn example.
That OD color is actually the bare Tamiya model plastic just sprayed with a very dry coat of the Tamiya Matte Clear (TS-80 rattle can)
I have never done that before but the Tamiya plastic was just the perfect shade I was looking for and the build went together so cleanly that all it really needed was that final matte clear coating!
Again as to pooling; you might try adding just the tiniest drop of dishwashing liquid to the shader. This will further break down the molecular surface tension that causes the water based stain to pool.