wP,
Difficult to tell from your pics but that whitish blush at one end may be moisture. This can happen even as a result of humidity, i.e. no contaminants in the polish. It's well-documented (here's just one link: Controlling Shellac Blush)
so you should be able to find it easily with a DDG search. I have a humidity meter in the workshop; if I need to FP when it's really humid I run a dehumidifier for an hour beforehand.
As Swifty has mentioned, the oil should not be a problem if you use a little. On boxes I put literally one drop of oil on my finger tip then brush it across the rubber. The oil gets removed at the spiriting off stage.
Swifty also mentions the sinking of shellac. I can testify to this. I first came across it FPing in Andrew Crawford's workshop. Has a beautiful finish down then he warned me it would sink overnight. It most certainly did, but further polishing fixed the issue.
Best regards,
Brian