Still new and don't know how to go about fixing stuff so I'm asking for thoughts and advice. Just bought this bike last week and have had zero issues with it. Last night I went on a 30 mile ride in 45 degrees weather (F) and checked my bike this morning to find a small puddle of oil underneath the bike along with some kind of watery fluid on the ground slighty more upfront. It was rainy and very humid last Thursday-Sunday and last night I rode my bike very hard and aggressive for the first time if that helps at all. I drove my bike 1/2 mile and parked it again. Within 30 minutes there were 2 more drops on the ground. Rode it 8 miles to work and let it sit for an hour (picture) and more oil.
It appears to be coming from the black wire. The wire and nut/bolt are very oily.