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Oblivion Mod Manager (a.k.a. OBMM Oblivion Mod Manager) is the fantastic work of Timeslip. Not only can you install and organize mods, but also you can organize your load order and implement multiple types of archive invalidation, with ease.
1.BOSS for Oblivion, not LOOT 2. You probably should use use TesMM (a newer version of OBMM I believe), The Elderscrolls Mod Manager, and NMM, Nexus Mod Manager, somewhat. 3. You could use MO for Oblivion.