June RBOB prices took on a higher track during the initial morning hours and appeared to be consolidating yesterday's decline. June RBOB registered its lowest close in nearly three months yesterday. The latest US gasoline stocks data from the EIA showed a larger than expected draw, but the arrival of five cargoes of new supply in the New York Harbor market seemed to keep prices under pressure. EIA gasoline stocks fell 2.009 million barrels. This marked the eleventh consecutive weekly inventory draw that has reduced supply by 22.47 million barrels. Current inventories are 5.179 million barrels above last year and 264,000 above the five year average. Average total gasoline demand for the past four weeks was down 4.66% compared to last year. Gasoline imports came in at 774,000 barrels per day compared to 620,000 barrels the previous week.