There is enough oxygen in regular compressed air to cause an explosion / detonation / dieseling if you provide the right amount of combustible material such as a hydrocarbon oil and the right amount of pressure. If I am remembering my 1974 chemistry class, oxygen alone will not diesel under pressure, nor will it explode or burn at all by itself. It will however dramatically accelerate something that is already burning and can cause a more significant boomski than the same amount of combustible material combined with air. I am guessing that they had a fair amount some combustible oil inside both of those Kabooms, but I know it doesn't take much oil/grease to set if off, as shown by the guys intentionally dieseling their springers on YouTube with just a drop of oil or petroleum jelly.
I have frequently seen erroneous "FLAMMABLE GAS" signs near Oxygen tanks. I guess they wanted to get peoples attention more so than a sign that says "OXYGEN IN USE".