Flammable liquids are stored in an approved metal storage cabinets clearly labeled “Flammable - Keep Away from Open Flames” or similar.
If greater than 25 gallons inside the room.
Okland
Subpart F (7) pg 30
Employees shall not consider the “general location” fire extinguishers placed by Okland to meet the requirement for them to provide their own fire extinguisher during “hot work” (e.g., welding, torch use, etc.,) or “fire sensitive work” (e.g., the use of flammable liquids, etc.).
OSHA
1926.152 (b)(2)(iii)