Metal oxide nanomaterials have been intensively pursued for modern science and nanotechnology. Control over the size and shape of the oxide nanoparticles enables tunability of their unique properties sought for many useful applications. This review presents a comprehensive overview of the recent advances in the shape-controlled synthesis of colloidal oxide nanoparticles. We introduce the size- and shape-dependent properties of the oxide nanoparticles along with their potential applications and subsequent descriptions of the kinetic regime concepts of the formation of the monodisperse nanocolloids. Variations of the experimental conditions including capping molecules, precursor monomer concentration, and reaction temperature/aging have been explored to control the shape of the oxide nanoparticles in wet-chemistry syntheses. The different capping molecule-assisted synthetic methods of the hydro-solvothermal route, the two-phase route, heating-up thermolysis, and reverse micelle are presented as a collection of clear examples of the regular oxide nanoparticles. We also discuss the advantages and obstacles of the synthetic methods that have proven to be controllable and reproducible. The author concludes this review with valuable portraits on working hypotheses for the shape-controlled oxide nanoparticle synthesis.