API 650 is a standard published by the American Petroleum Institute that covers welded tanks for oil storage. It provides minimum requirements for material, design, fabrication, erection, and testing for vertical, cylindrical, aboveground, closed- and open-top, welded steel storage tanks in various sizes and capacities. It is widely used in the petroleum, chemical, and other industries for storing a variety of liquids, including crude oil, gasoline, water, and chemicals at atmospheric or near-atmospheric pressure.
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