Catalytic oxidative desulfurization of the model oil or synthetic sulfur oil (SSO) and the different real/industrial industrial oil fractions was investigated using air assisted hydrogen peroxide and formic acid oxidation in the presence of Fe-ZSM-5 as catalyst. The reactivity of the different model sulfur compounds increased in the order of thiophene< dibenzothiophene (BT)<4-methyl dibenzothiophene (4-MDBT). The desulfurization yield in case of the model oil was increased in the presence of Fe-ZSM-5 and the sulfur content of the model oil was reduced from 1275 to less than 50 ppm in 60 min at 60 ℃ temperature. The catalyst also performed efficiently in ODS of real industrial oil fractions, i.e., untreated naphtha (UN), light gas oil (LGO), cooker derived combined heavy gas oil (HGO) and Athabasca oil sands derived bitumen (At. Bit.), and sulfur removal of 80, 78, 62 and 60% was attained, respectively. Kinetic investigation revealed that the ODS catalyzed by Fe-ZSM-5 followed the first-order kinetics.