Following is the text of the weekly Petroleum Status Report from the U.S. Department of Energy:
The following is a selection of the most important news affecting the oil market.
Amyris Inc. and Total SA, France’s largest oil producer, formed a joint venture to manufacture and sell biofuels.
Doug Parker, poised to lead the new American Airlines Group Inc., wants to beat a $1 billion goal for added revenue and savings in the AMR Corp.-US Airways Group Inc. merger and is about to start meshing frequent-flier plans.
Jet fuel in Los Angeles and gasoline in San Francisco gained as at least three tankers were seen heading to California to export refined products.