It takes the form of a spoof newspaper, similar to The Onion, though with a focus on events relevant to the life of an Oxford student.
The magazine takes its name from the concept of an oxymoron, as well as being a reference to the word Oxon, used to identify an Oxford degree.
The magazine was founded in Michaelmas term of 2007 by Matt Pickles, David Murgia and John Citron, three undergraduate students from The Queen's College, and first published on November 17.
These are split between news satire, and spoof features.
Many previous Oxymoron editors have gone on to work as professional journalists and comedy writers.