The results of the thermal oxidation of synthesized graphenes and their optical property characterization using Raman spectroscopy are reported. Graphene was synthesized via thermal-chemical vapor deposition on Ni catalytic thin films deposited by electron beam deposition, and was successfully transferred onto three-dimensional trench substrates to obtain a suspended structure, which is the most appropriate template for use in probing the changes of physical properties of graphene by ignoring the substrate effects. The thermal oxidation was performed in a tube furnace at an elevated temperature of 500 degrees C under air, and Raman analysis was repeatedly carried out to investigate the oxidation effects. A drastic structural change of graphene was anticipated from the based on the dramatic changes in the Raman spectra. It is expected that controlled oxidation will help systematically decrease in the number of graphene layers, which will contribute to the successful development of graphene-based devices that are capable of operating under oxidative environments.