diff --git a/lib/ansible/module_utils/azure_rm_common.py b/lib/ansible/module_utils/azure_rm_common.py
index a8356679706..dcc9d312b71 100644
--- a/lib/ansible/module_utils/azure_rm_common.py
+++ b/lib/ansible/module_utils/azure_rm_common.py
@@ -750,7 +750,7 @@ class AzureRMModuleBase(object):
         if not self._storage_client:
             self._storage_client = self.get_mgmt_svc_client(StorageManagementClient,
                                                             base_url=self._cloud_environment.endpoints.resource_manager,
-                                                            api_version='2017-06-01')
+                                                            api_version='2017-10-01')
         return self._storage_client
 
     @property
diff --git a/packaging/requirements/requirements-azure.txt b/packaging/requirements/requirements-azure.txt
index 2e4135b0fac..96a2ea03450 100644
--- a/packaging/requirements/requirements-azure.txt
+++ b/packaging/requirements/requirements-azure.txt
@@ -2,7 +2,7 @@ packaging
 requests[security]
 azure-mgmt-compute>=2.0.0,<3
 azure-mgmt-network>=1.3.0,<2
-azure-mgmt-storage>=1.2.0,<2
+azure-mgmt-storage>=1.5.0,<2
 azure-mgmt-resource>=1.1.0,<2
 azure-storage>=0.35.1,<0.36
 azure-cli-core>=2.0.12,<3
diff --git a/test/runner/requirements/integration.cloud.azure.txt b/test/runner/requirements/integration.cloud.azure.txt
index 2e4135b0fac..96a2ea03450 100644
--- a/test/runner/requirements/integration.cloud.azure.txt
+++ b/test/runner/requirements/integration.cloud.azure.txt
@@ -2,7 +2,7 @@ packaging
 requests[security]
 azure-mgmt-compute>=2.0.0,<3
 azure-mgmt-network>=1.3.0,<2
-azure-mgmt-storage>=1.2.0,<2
+azure-mgmt-storage>=1.5.0,<2
 azure-mgmt-resource>=1.1.0,<2
 azure-storage>=0.35.1,<0.36
 azure-cli-core>=2.0.12,<3