Oil gets hot, causes gas to get hot. Hot gas expands. Not a problem if you have room in the tank, otherwise the tank leaks out the vent hole in the cap. Can ruin your paint job. Don't think a combined tank for oil and gas would be smart move for a 750. Would imagine chopper guys might like that or a cafe racer...
They are just trying to open up space on the bike for cosmetic reasons, only see disadvantages from my perspective on it.