An outboard motor having a front surface and an aft surface and configured to be mounted on a marine vessel having a front to rear axis, such that the front surface would face the marine vessel and the aft surface would face away from the marine vessel when in a standard operational position, the outboard motor comprising: a housing having an upper and a lower portion (2506, 2510) and having an interior, an internal combustion engine disposed within the housing interior and that provides rotational power output via a crankshaft that extends horizontally or substantially horizontally in a front-to-rear direction when the outboard motor is in the standard operating position, and a lubricant sump for containing a lubricant, wherein the engine is further disposed substantially or entirely above a trimming axis and is steerable about a steering axis, the trimming axis being perpendicular to or substantially perpendicular to the steering axis, and the steering axis and trimming axis both being perpendicular to or substantially perpendicular to the front-to-rear axis of the marine vessel, wherein the outboard motor is configured to be tilted about the trimming axis away from the standard operating position to at least one storage position suitable for storing, transporting and/or limited operation of the outboard motor, characterized in that a tank is positioned within the housing and connected to a crankcase of the engine, the tank is positioned along or on a front of the engine, nearer the front surface of the outboard motor than the aft surface thereof, and the tank is configured such that little, if any, of an amount of the lubricant is in or provided to the tank when the engine is in the standard operating position, and an amount of lubricant can flow into the tank from the engine when the outboard motor is tilted about the trimming axis to the storage position. a housing having an upper and a lower portion (2506, 2510) and having an interior, an internal combustion engine disposed within the housing interior and that provides rotational power output via a crankshaft that extends horizontally or substantially horizontally in a front-to-rear direction when the outboard motor is in the standard operating position, and a lubricant sump for containing a lubricant, wherein the engine is further disposed substantially or entirely above a trimming axis and is steerable about a steering axis, the trimming axis being perpendicular to or substantially perpendicular to the steering axis, and the steering axis and trimming axis both being perpendicular to or substantially perpendicular to the front-to-rear axis of the marine vessel, wherein the outboard motor is configured to be tilted about the trimming axis away from the standard operating position to at least one storage position suitable for storing, transporting and/or limited operation of the outboard motor, characterized in that a tank is positioned within the housing and connected to a crankcase of the engine, the tank is positioned along or on a front of the engine, nearer the front surface of the outboard motor than the aft surface thereof, and the tank is configured such that little, if any, of an amount of the lubricant is in or provided to the tank when the engine is in the standard operating position, and an amount of lubricant can flow into the tank from the engine when the outboard motor is tilted about the trimming axis to the storage position.