You can store it but not very long, thats btw one reason why its not useful for private people to participate in wholesale/corp market: Even if you would get a small fraction discount for ordering large amount, you cant store that large amount long enough in your basement before it gets unusable (esp. Diesel).
Huh, I knew petrol was bad, but I thought diesel was fine to store at home? Not that I ever have, the brief period when I had use of a car I was living in a 38 m^2 (or so) flat.