The oxygen-containing functional groups (OCFG) on the coal surface affect the adsorption effect of hydrocarbon oily collectors (HOC). An investigation of the interaction between the HOC and OCFG in the absence and presence of water is conducive to understanding the effect of OCFG type on the adsorption of HOC on the coal surface. In this paper, FTIR analysis was used to analyze the OCFG type of coal surface. The adsorption behavior of HOC on different OCFG surfaces was investigated using molecular dynamics simulation. The results indicated the presence of OCFG such as -OH, -COOH, -C=O, and -COCH3 on the coal surface. In conditions without water, the effect of OCFG on HOC adsorption capability follows the order -COOH > -C=O > -OH > -COCH3. In an aqueous solution, the effect of OCFG on HOC adsorption capability follows the order -C=O>-COCH3>-OH>-COOH. Moreover, the hydrophilicity of OCFG is the key factor that affects the adsorption effect of HOC. In other words, the adsorption effect of HOC on the coal surface in an aqueous solution does not depend on the strength of the interaction between the OCFG and HOC in the absence of water, but on the hydrophilicity of the OCFG. The -COOH and -OH on the coal surface are not conducive to the adsorption of HOC onto the coal surface. Masking the -COOH and -OH of the coal surface is beneficial in improving the coal flotation performance with HOC as a collector.