Abstract: An oil receiving and storage assembly includes a housing having a bottom wall, a peripheral wall and a top wall. The peripheral wall includes a front wall, a back wall, a first side wall and a second side wall. The top wall has a plurality of apertures extending therethrough and into the housing. A window is positioned in the front wall and generally extends between the top and bottom walls. Volume measurement indicia are positioned on the front wall and adjacent to the window. An outlet conduit has a first end and a second end. The outlet conduit is elongated and is flexible. The first end is fluidly coupled to the housing. Each of a plurality of spouts fluidly coupled to oil containers may be extended into one of the apertures such that the oil containers rest in an inverted position and the contents thereof drain into the housing.