I have no separate storage or garage.

Is it safe to store engine oil bottles in a room where I study and sleep?

My building has strict fire safety regulation. They prohibit use of candles, halogen torchiere lights, etc.

I am asking this because there seems to be price benefit if I buy oil in volume. Shell Rotella T synthetic blend 10W-40 is $55 per six one gallon bottles. But I need only about 2 gallons at each oil change.