MK Dons boss Karl Robinson has called on his side to be more ruthless in front of goal.
Robinson did, though, also recognise David Martin & Co had to be alert to deal with the threats of a dangerous U’s attack.
"Oxford are a very good side and they deserve respect," he told MK Dons PlayerHD. "Dave made an unbelievable save in the first half but then we hit back with some chances of our own.
"I thought for the first 15 minutes of the second half we were very good – forced the issue and put them under pressure.
"We then looked a bit disjointed after the substitutions – Ryan (Colclough) came off because he’d been fighting an illness all week. We dropped a bit too deep and allowed them to come on to us.
"We came out of that spell, though, and then ended the stronger of the two teams - you work all week for a one-on-one and for a tap in at the back post. We need to take the chances and the players are disappointed."
He added: "We’ve let points slip again. The table doesn’t look great at the moment and we are not stood here saying it’s acceptable, but the performances in the last two games have deserved more. It’s a difficult time but I’m confident it will turn and the results will come."
The Dons were well supported throughout the clash at Stadium MK and Robinson was keen to pay tribute to them.
He said: "The fans were with us every step of the way – they were outstanding. They stuck with the players throughout the 90 minutes and it was important we showed our appreciation at the full-time whistle."