This study identified a particle size distribution (PSD) of fine particulate matter and emission characteristics of V and Ni by the comparison between anthropogenic sources of oil combustion (industrial boiler, oil power plant, etc.) and lab-scale combustion using a drop-tube furnace. In oil combustion source, the mass fraction of fine particles (less than 2.5 micrometers in diameter) was higher than that of coarse particles (larger than 2.5 micrometers in diameter) in $PM_{10}$ (less than 10 micrometers in diameter) as like in lab-scale oil combustion. In addition to this, it was identified that ultra-fine particles (less than 0.1 micrometers in diameter) had a large distribution in fine particles. Toxic metals like V and Ni had large mass fractions in fine particles, and most of all was distributed in ultra-fine particles. Most of ultra-fine particles containing toxic metals have been emitted into ambient by combustion source because it is hard to control by the existing air pollution control device. Hence, we must be careful on these pollutants because it is obvious that these are associated with adverse health and environmental effect.