You want a column that can store both timestamp and timezone, so why not just have 2 columns? You already have to convert the timestamp into the user's timezone when rendering because the user's timezone can change. Storing timestamps with timezone just complicates things, for ex:
display_in_user_zone(TIMESTAMP UTC)
display_in_user_zone(TIMESTAMP_WITH_TIMEZONE)
The above is exactly the same, but the UTC one will prevent bugs in the long run.
The only time it's acceptable to store time with timezone is with DATES that do not have a TIME component.
If you really need to display the timestamp in the timezone the user originally entered, store the original timezone along with every timestamp.
Finally, boycott Oracle's table server. It's horrible in this respect.