This document discusses various systems for classifying crude oil and hydrocarbon resources. It describes classification based on chemical composition, including proportions of paraffins, naphthenes and aromatics. It also discusses physical property-based classification systems including API gravity, viscosity, density and pour point. Reservoir characterization aims to identify and quantify reservoir properties that control fluid distribution and migration in order to accurately describe the reservoir and optimize hydrocarbon recovery. Future resources are expected to come from unconventional reservoirs with low permeability.