Manager Massimo Allegri reportedly remains keen on the Brazilian, but also likes Real Madrid playmaker Isco.
The Bianconeri boss is set to sign a new bumper deal at the Old Lady and is keen to reinforce his squad after the successes of last season, having already secured the signings of Sami Khedira and Paulo Dybala.
And they could now make a move for Oscar, with the former AC Milan boss having been a keen admirer of him for some time and wanting to add another playmaker to his squad.
Whether Blues boss Jose Mourinho would be willing to sanction the sale of the 23-year-old, however, would be another matter entirely, with the player having been a key player throughout their title-winning campaign last year.
Indeed, it was a decent season for the player as he played 35 games in all competitions, scoring eight goals and registering the same amount of assists.
If Mourinho were to block any move, it is thought that Juve would instead make a move for Real Madrid man Isco, who they regard as the more deluxe, and therefore harder to obtain, of the two.