It sounds like Velvet Oil is very similar in composition to Watco Danish Oil,
Your results may vary based upon where you purchase the product. In Kalifornia, we can't easily buy any of the old school solvent-based products that actually work, because of air quality regulations. Watco (in its CA compliant formulation) is one of the products that is no longer useful without applying a lot of DIY chemistry to the mix. The compliant products that we can get typically have very long drying times, and some never seem to dry completely. Some things, but not all, can be ordered in very small quantities. Some products can be brought back from Nevada and Arizona, but people have been busted and fined for doing that. And the vendors in NV and AZ are often getting product from distributors in CA, so they get the CA formulation. I have been mixing my own stuff for years with decent success.
