Engine oil smells gasoline

Pompis,
There is a rubber diaphram in the factory style fuel pump that moves back and forth and using one way valves to pump the fuel to the carb.
When the rubber in them cracks from age, the fuel can pass through the break in the rubber and go directly into the crank case.
You have a new pump, so don't worry about it being that.

Sometimes the outer ring on a harmonic balancer (the part with the timing marks on it) can move in relation to the inner part.
This makes it where the timing marks can be completely in the wrong place compared to the crankshaft.
In these cases there are only two options.
1. get a new balancer
2. static time the engine using top dead center on the number 1 cyclinder.

The second method will show if your balancer outer ring has moved.
We can help you do it this way if needed.
Just ask if you need step by step.