I found out from trial and error (mostly error) that after having my rings replaced and cyclinder walls cleaned up, that I still had a lot of oil in my exhaust system. As a result of that, the car spat out a lot of black oilly soot that somehow managed to mount itself on my rear valance and taillight pannel. Yucky, yucky.
Like it was said before, if the oil is dirty, it is doing it's job. If you want to have cleaner oil, perform more frequent oil changes. I usually change my oil and filter every three months. If you change your oil more frequently you will do two things:
1. spend a lot of money on oil
2. have clean oil and a clean motor.
Perform a compression test to see if you are loosing oil. You are loosing oil aren't you? If you are not loosing oil, don't panic. That's a good thing. I would still perform the wet/dry compression test just to see where you stand.
Now as for the rich fuel condition, I found out, again from trial and error, that a too rich condition is very bad for your motor, particularly the cylinder walls. Too much fuel will wash the cylinder walls and cause your rings to not seal properly against the cylinder walls. The only way to fix this is to have the motor honed and new rings installed. (there may be some trick that i do not know of) If you don't own your own exhaust sniffer or know of anyone who owns one, take your car to a good and credible emission repair shop. They will most likely be able to adjust your air/fuel ratio. This goes back to your rings, if the damage has been done, adjusting your carb will not fix it. it'll only prevent any additional damage.
I know this has been wordy, but I hope it helps.
Ted