Oil storage refers to the process of safely holding crude oil or refined petroleum products in large containers or tanks. This is essential for managing supply and demand, as oil is a critical energy resource used in various industries. Storage facilities can be found near oil refineries, pipelines, and shipping ports to facilitate easy access and distribution. There are different types of oil storage systems, including above-ground tanks and underground caverns. These systems are designed to prevent leaks and spills, ensuring environmental safety. Proper oil storage is crucial for maintaining a stable energy supply and supporting the global economy, particularly in relation to OPEC and international trade.