Hello, Welcome and thanks for posting your query to HealthcareMagic. As per your query you have small redddish bumps on penile shaft and scrotum which are oozing clear liquid and little blood after you popped them. As per the findings you are telling there can be simple Fordyce spots . Most commonly the spots on the undersurface of penis are Fordyce spots. These are pinhead size or slightly larger bumps present over mainly the under surface of the penis i.e. on the frenulum area. Basically these are proliferation of the normal oil glands which are present over this area and are totally asymptomatic (without any problem) and are most commonly confused with genital warts in there initial course of appearance. A close examination is the must to differentiate one from another. There is no need of any treatment in this condition as it is totally normal condition. If at all some person are panicky then we do remove these with radiofrequency ablation. Knidly do not try to pop the area by yourself as you have infected the area so leading to oozing at the local part. You can meet a dermatologist for the treatment of the infection and further guidance. I hope these information s will help you. If you have further queries I will be happy to help. Wish you good health Regards, Dr Sanjay Kumar Kanodia MD (Dermatology & Sexually transmitted diseases)