How is it used? I've tried using it as an item and dropping it on the armor I want to use it on, but those are clearly not the correct methods. Any help is greatly appreciated, thanks.
Lowers the AC penalty for armor by 1. You can only do it once to whatever armor you use it on, though. Which is good, because otherwise it'd be too powerful if you could just keep using it to completely remove the AC penalty.
WooHoooooh!! I didn't know that. Sooooo, a buckler can become of no penalty when wielding a two handed sword?
Only body armor - not shields, unfortunately. But the armor oil is still a nice addition to this game.