The Fe-O-S system has been assessed over the whole composition range to produce a selfconsistent set of thermodynamic properties of all condensed phases from 298 K to above the liquidus temperatures at ambient pressure. The liquid phase from metallic liquid to sulfide melt to oxide melt is described by a single model developed within the framework of the quasichemical formalism. The model reflects the existence of strong short-range ordering in oxide, sulfide and oxysulfide liquid. Two ranges of maximum short-range ordering in the Fe-O system at approximately FeO and Fe 2 O 3 compositions are taken into account. Parameters of thermodynamic models have been optimized to reproduce all available thermodynamic and phase equilibrium data. The thermodynamic modeling of the Fe-O-S system performed in the present study is of particular importance for the description of the solubility of oxygen in matte.