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Mix yeast with warm water and set aside.
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In another bowl, beat together the milk, eggs, sugar, salt and oil.
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Mix in the flour.
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Cover and let rest overnight.
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Turn dough out onto a lightly floured surface.
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Divide into half and roll each into rounds, 1/4" thickness.
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Try not to work the surface flour into the dough.
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Cut each circle into 8 pie-shaped wedges.
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Roll up each wedge crescent style, starting with the wide end, rolling to the end point. Don't roll them to tight!
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Place the rolls on a greased baking sheet (or on parchment paper) and allow to rest until double in bulk.
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Bake in preheated 375F oven, on the middle rack, for 12 minutes.
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Time shown does not include the 'overnight' period. I've allowed 1 hour for rising (included with cooking time).