Hurricane Matthew Threatens Petroleum Terminals in Bahamas

  • Statoil plans to evacuate nonessential staff by noon
  • About 33 million barrels of oil-storage capacity at risk

The Emergency Operation Centre (COE) in Santo Domingo, monitors the path of Hurricane Matthew on Oct. 3.

Photographer: Erika Santelices/AFP via Getty Images

Hurricane Matthew is threatening to shut in about 33 million barrels of oil storage in the Bahamas and disrupt Caribbean shipping this week before heading northwest toward the U.S. East Coast.

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