Thanks guys for your input.
I am currently using 5W 30. I change my oil every frequently every 2000-3000 miles. I suspect it to be something electrical due to the fact that it is the light coming on. I estimate that it usually comes(stays) on for about 10-30 seconds. The time it stays on also depends if I come to a full stop then the light will diminish. I bought a oil sending unit at the dealer and plan on replacing the part tommorow.
THANKS FOR YOUR HELP. I WILL KEEP YOU POSTED ON WHAT HAPPENS WHEN I CHANGE THE UNIT