are you sure its oil? it very well could be built up chain wax/lube. it builds up in that area and turn black...then when it heats up (after a ride or what not) it becomes thinner and looks EXACTLY like oil, even can drip onto the floor but then it hardens and becomes this black/tar/sticky stuff. I would clean the area really REALLY good, remove the counter shaft cover and clean it as well...clean everything including the chain with kerosine. now keep an eye on it. don't use any spray on lube. keep the chain clean of it for awhile. You don't need the spray on lube anyway. the chain (if Oring or X ring) is pre lubed from the factory. I never use spray on lube. I just keep it clean with WD40 and a clean shop rag. my chain always looks like new and last even longer. I got this idea from a bunch of riders in my club and though I didn't believe them at first I do now! anyways there is a good chance its not an oil leak, but then again maybe there is...the only real thing to do is clean every thing anyways to determine where it IS leaking if it is. I bet its not though.
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MODS: Goodrich Kevlar brake lines, Factory pro Jet Kit, Factory Pro +4 degree Ignition Advancer, Muzzy's Titanium Oval Bolt on, Super Pole 360 degree race pegs, & -1 tooth front sprocket.
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