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Hey guys... having some problems with my 05 RR... any help would be appreciated.

i was out on a ride with my friend today.. were just cruising at about 60.. and the my oil light went on and the bike started bogging... so i pulled over checked the filter and drain plug and oil level all seemed fine... rode again had the same problem but realized the light was coming on from the bike stalling out.. id be doing like 50 and the light would go on the bike would bog but when i pulled the throttle it turned back on... and if i would throw it in neutral it would stall out.. im either thinking there might be a short somewhere.. there is a problem with the ignition or a sensor or something.. but im not sure... help would be appreciated before i start tearing the bike apart... thanks