The invention discloses a blocker-type forging method of a travelling block lifting ring for a petroleum drilling machine lifting system. The method comprises the following steps that a blocker-type forging die is designed according to the shape and size of a forge piece; a blank is heated to the initial forging temperature, and free forging upsetting and rounding are conducted after heat preservation; and the blank is placed in the die to be forged, and after die stripping, cooling in heap and normalizing are conducted to obtain the lifting ring. According to the blocker-type forging method of the travelling block lifting ring for the petroleum drilling machine lifting system, the flowing direction of metal is limited by means of a blocker-type die in a forging process, the shape of a final forge piece is close to that of a part, the machining allowance of the forge piece is small, raw materials are saved, and after forging is completed, a lower die is subjected to automatic die stripping under the dead weight without overturning the blocker-type die and an ejection device, the operation is simple and convenient, the production efficiency is high, and the safety and reliability are achieved; and a metal streamline in the forged piece conforms to the shape of the part, the metal streamline is not cut off in subsequent machining, the mechanical property is excellent, and the userequirement of the travelling block lifting ring can be well met.