hey there.
Oscars may pick on eachother on some occasions, and they may get hurt in the process.
But there's a difference between occasional picking and plain aggression.
Yours are a bit young to portrait territorial issues.
If the wounds heal quick enough before any new injury is caused,i say give them some more time. Keep a close eye on them.
If the bullying continues and your fish is hurt badly, with no time to recover, rehome the bully.
Do you have a spare tank that big, so it can house a segragated fish?
How big is the tank they are in now?