The invention relates to a construction method of a soil covering tank for storing product oil and the like, which comprises the following steps of: (A) building a tank chamber of a soil covering tank: firstly, carrying out earth excavation with a method combining a back-acting 
shovel and manual excavation; then, manufacturing a ring beam, precasting concrete blocks on the spot according to the 
radian of the ring beam, and building the concrete blocks; carrying out the 
engineering of steel bars: 
welding steel bars by 
machining, and manually binding the steel bars on the spot; carrying out the 
engineering of templates and scaffolds: taking a bamboo plywood as a top plate template of a concrete thin shell of the tank chamber, designing a camber at the middle part, and taking 
scaffold tubes as bottom template brackets of the thin shell of the tank; then, carrying out concrete 
engineering and 
asphalt sand construction; and finally, carrying out waterproof engineering, thereby completing the construction of the tank chamber of the soil covering tank; and (B) installing a 
storage tank body of the soil covering tank: firstly, precasting the 
storage tank body; then, installing a tank bottom plate; installing the tank body, and 
welding the 
storage tank; and finally, testing and inspecting to complete the whole construction process of the soil covering tank after the construction is qualified. The invention reduces the occurrence of accidents, increases the benefit and reduces the 
dust emission.