June RBOB prices extended yesterday's late day bounce during the overnight action, marking a more than $0.07 gain into the early morning high. Positive factors contributing to the rebound in June RBOB come from a boost in outside market sentiment, bullish reversal action in Brent crude oil and yesterday's larger than expected draw in US gasoline supplies. EIA gasoline stocks fell by 3.671 million barrels last week, marking the ninth consecutive weekly inventory decline. Average demand over the last four weeks down 2.83% compared to last year. Gasoline imports came in at 427,000 barrels per day compared to 705,000 barrels the previous week.