Reported deal in work with press from Oxford? (5)
I believe the answer is:
pedal
'work with press from oxford?' is the definition.
(to press down with a shoe, eg an Oxford)
'reported deal in' is the wordplay.
'reported' shows a homophone (sound like).
'deal in' becomes 'peddle' (peddling is a kind of dealing in).
'peddle' is a homophone of 'PEDAL'.
(Other definitions for pedal that I've seen before include "work with press from Oxford?" , "Of or relating to the feet" , "Lever worked by foot" , "ride a cycle" , "Lever operated by foot" .)