Shadow Oil vs Goblin Fishing Pole

Shadow Oil
Requires Level 24
Use: When applied to a melee weapon it gives a 15% chance of casting Shadowbolt III at the opponent when it hits. Lasts 30 minutes.
Sells for 1 Silver 50 Copper to vendors
Item Level 34

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Goblin Fishing Pole
Binds when picked up
Use: Inflicts 128 to 172 Fire damage in a 5 yard radius.
Sells for 2 Silver 12 Copper to vendors
Item Level 35

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Side by side:

Set your class weights in Preferences to see which is better for you.

Stat Shadow Oil Goblin Fishing Pole Δ
Item Level 34 35 +1
Required Level 24 −23
Sell Price 1s 50c 2s 12c +62c
Binding Binds when picked up

Δ is Goblin Fishing Pole minus Shadow Oil: green where Goblin Fishing Pole is better, red where it is worse (a lower required level is better; speed and sell price have no better side). Total Stats adds up Str, Agi, Sta, Int and Spi.

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