Oil City is an unincorporated community in the Town of Sheldon in Monroe County, Wisconsin, United States.

It was the site of a nineteenth-century oil swindle.

It is located about halfway between Wilton and Ontario on WI-131.

It was plowed over by a local farmer in the 1940s; while the cemetery has since been restored, many of the original headstones are now gone.

This article about a location in Monroe County, Wisconsin is a stub.