In 2013，the major countries and economies in the world significantly increased the competition for regional dominance in the economic，political，military，diplomatic field. The trend of world multi-polarization was emerging gradually. And the world economy maintained a moderate recovery rate. At the same time，the traditional economic pattern was undergoing profound adjustments. With this background，the global oil industries obtained the relative robust development. The supply and demand were still slack and flexible. Non-OECD countries were still the main demanders for world oil. A strong oil production growth of these countries narrowed oil price amplitude. Investments in the upstream exploration and development maintained double-digit growth，including deep oceans，polar regions，and the unrest areas with high risks. These fields however with high resources potential and high return became the key zones for strategic exploration. The growth of oil import in emerging economies declined，and also mergers and acquisitions in the upstream and downstream dropped significantly. The large projects trading activities were cooling down. This year，global oil demand growth is expected to be slightly higher than it was in 2013，but the incremental oil supply will still exceed the incremental demand. So the supply is adequate in the market，and the possibility of oil prices rising sharply is relatively low.