Abstract: This paper reviews the dynamics in international crude oil market in 2013 and then comprehensively analyzes global economic recovery process, the supply-demand fundamental situation and some non-fundamental drivers, including US dollar exchange rate, speculation and geopolitics, as well as their effects on oil price. In the end, based on the future market dynamics and the quantitative forecast results, we project that the WTI and Brent crude oil prices may keep relatively stable, reaching 97-101 and 111-117 USD/barrel on average in 2014 respectively. Oil price also faces various uncertainties, and we hold that the long-term trend of oil price in 2014 may mainly be determined by global economic recovery process while the short-term changes will be affected more by the quantitative easing monetary policy of US Federal Reserve.