First make sure it is not the filter that is leaking. Remove the old filter and install a new filter that is the correct one. Apply oil to the gasket and tighten exactly 3/4 turn after it makes contact with the mounting surface. Tighten any moreor any less and it may leak. If that is not the problem, then I would suspect the valve cover gasket may be leaking. Another possiblility is a leaking oil pressure sending unit.
in the tank
There is a CEL, Check Engine Light, on the 1989 Thunderbird.
It located above the sump plug
right above the oil filter
right above where the oil filter is located
Check the fuel pressure regulator or the fuel injectors.
above the oil filter to the back alittle
Drivers side frame rail just above and forward of the tank.
OIL PRESSURE SENDING UNIT
behind the engine in the transmission tunnel...
Behind Passenger Headlamp.Weatherall'sAutomotive
35 or 39 PSI