The second research article of the oil fundamentals series is going to focus on three macroeconomics aspects which are the core of oil market: oil reserves-to-production ratio, oil import and oil export. The present research article will explore how big oil reserves are by region, it will proceed with analysing oil imports by country to determine where the demand usually comes from and finally it will end by showing where oil gets extracted to determine where the supply geographically originates. This research was published on the Medium platform a few years ago but it is still valid today. Please click here to read the rest of the research.