The effect of oxygen content on toughness in the high strength weld metals with full martensitic microstructures was investigated for Gas Metal Arc Welding (GMAW) and Gas Tungsten Arc Welding (GTAW). Solid and Flux cored two types wires were examined for their influence on the resulting oxygen content in weld metals. It has succeeded in controlling the oxygen contents without changing welding processes. As expected, the increasing oxygen content obviously decreased the upper shelf energy (vEshelf). One of the primary reasons of this tendency is considered that the higher density of oxide makes dimples on the ductile fracture surface smaller. On the other hand, as unexpected, the oxygen content from 7 to 450 ppm had no impact on the fracture appearance transition temperature (FATT), and oxides at the brittle fracture initiation point have not been found. This result supports that the oxides in high strength full martensitic weld metals (Vickers hardness = 360 ~ 430) have no harmful effect on FATT.