I usually put in a mix of gas and oil (about 20% oil) and roll that all around, then drain it all out and store the tank open. But, here it is very dry, so it might be better to store it closed if it is humid where you are. In any case, leave the petcock open on RESERVE to drain anything that may condense inside over time (presuming it is level, for that). I mostly hang them on a wire or peg, so any condensation would end up in the front: hopefully the residual oil would, too, to protect the metal there.
If you can find it, get some LPS1 (not 2, or 2.5, or 3, but LPS1) and use it instead of oil. This stuff is amazing: it has such a strong affinity for metal that it will get under corrosion and lift it off after a while. Not cheap, but excellent stuff - Made in Georgia, USA.