Warning for Change oil schedule or Low oil pressure. Check also the Oil sensor malfunction.
A yellow flashing engine light is an indication that the engine should be checked. The yellow flashing light can because by low water level or low motor oil.
Oil pump needs replaced.Oil is not traveling through vehicle when pump is bad. Oil pressure sensor needs replaced if check engine light comes on.
check the fluid in your engine it might be low.
With the engine off, press and hold the odometer reset pushbutton. Start the car. Keep finger on odometer reset pushbutton until "oil life" message starts flashing. Release the button.
The check engine light may be flashing on a 1996 Honda Accord if a timing issue is detected or oil pressure is low. The exact cause can be determined by connecting an OBDII code reader.
From my research, it is indicating low oil pressure. Mine does it when the key is on but the engine is not running, thus low oil pressure.
A flashing oil light can be warning you of an oil pressure problem. The quantity of oil can be fine but the oil pressure may be low due to other problems.
It means, that you have to refill oil and cooling water.
Have it checked by a mechanic, poor oil pressure is really dangerous for the engine. You might start with checking that you have the right oil level though.
If you're certain that there is sufficient oil, the low oil pressure light means that either the oil pump isn't working or, more likely, the bearings are severely worn.
Tip: The oil light flashing indicates that the pressureof the oil is low, the light does not necessarily indicates when the oil level is low. The problem could be a bad oil pump or a leak in the filter.
bring it in for servicing