With increasing depth inside the Earth, the pressure and heat also increase. As a result, materials act differently than they do on the surface. At Earth's center are a liquid outer core and a solid inner core. The light elements are thought to play an important role in driving the convection of the liquid outer core, which generates the Earth's magnetic field.
They conclude that oxygen cannot be a major light element component of the Earth's outer core, because experiments on oxygen-rich materials do not align with geophysical observations. This supports recent models of core differentiation in early Earth under more 'reduced' (less oxidized) environments, leading to a core that is poor in oxygen. link
Ref.: Evidence for an oxygen-depleted liquid outer core of the Earth. 2011. H. Huang, et al. Nature 479: 513-516.