Knowing oxide-forming ability is vital to gain desired or avoid deleterious oxides formation through tuning oxidizing environment and materials chemistry. Here, we have conducted a comprehensive thermodynamic analysis of 137 binary oxides using the presently predicted Ellingham diagrams. It is found that the active elements to form oxides easily are the f-block elements (lanthanides and actinides), elements in the groups II, III, and IV (alkaline earth, Sc, Y, Ti, Zr, and Hf), and Al and Li; while the noble elements with their oxides nonstable and easily reduced are coinage metals (Cu, Ag, and especially Au), Pt-group elements, and Hg and Se. Machine learning based sequential feature selection indicates that oxide-forming ability can be represented by electronic structures of pure elements, for example, their d- and s-valence electrons, Mendeleev numbers, and the groups, making the periodic table a useful tool to tailor oxide-forming ability. The other key elemental features to correlate oxide-forming ability are thermochemical properties such as melting points and standard entropy at 298 K of pure elements. It further shows that the present Ellingham diagrams enable qualitatively understanding and even predicting oxides formed in multicomponent materials, such as the Fe-20Cr-20Ni alloy (in wt.%) and the equimolar high entropy alloy of AlCoCrFeNi, which are in accordance with thermodynamic calculations using the CALPHAD approach and experimental observations in the literature.