ok, the pressure sensors work by earthing a 12v feed from the clocks. The clocks measure the resistance through the sensor, which tells them what the oil pressure is. The fact that earthing the wire still doesn't give you a red light, suggests to me there is a wiring fault, or the oil pressure PCB behind the clocks is shafted.
Get a multimeter on the oil pressure switch wires, they should have 12v to them with the ignition on.