Oxygen-deficient TiO2 in the rutile structure as well as the Ti3O5 Magnéli phase is investigated within the charge self-consistent combination of density functional theory (DFT) with dynamical mean-field theory (DMFT). It is shown that an isolated oxygen vacancy (VO) in titanium dioxide is not sufficient to metallize the system at low temperatures. In a semiconducting phase, an ingap state is identified at ε IG ∼ −0.75 eV in excellent agreement with experimental data. Bandlike impurity levels, resulting from a threefold VO-Ti coordination as well as entangled (t2g, eg) states, become localized due to site-dependent electronic correlations. Charge localization and strong orbital polarization occur in the VO-near Ti ions, which details can be modified by a variation of the correlated subspace. At higher oxygen vacancy concentration, a correlated metal is stabilized in the Magnéli phase. A VO-defect rutile structure of identical stoichiometry shows key differences in the orbital-resolved character and the spectral properties. Charge disproportionation is vital in the oxygen-deficient compounds, but obvious metal-insulator transitions driven or sustained by charge order are not identified. arXiv:1703.05543v2 [cond-mat.mtrl-sci]