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U.S. crude oil stockpiles likely rose by about 500,000 barrels in the recent week
Investors will watch key U.S. economic reports this week, including job openings and payroll data
U.S. WTI crude gained 41 cents, reaching $63.43
The dollar rose 0.2 percent, making gold bullion pricier for international buyers
Exemptions follow conciliatory statements from Washington amid rising fears of global recession
Despite a 13 percent drop in gold jewellery demand, bullion interest remains strong in the country
Canada is a key auto exporter to the U.S. with integrated supply chains under USMCA
U.S. crude imports surged 1.14 million barrels daily, the highest increase since late 2024
Market reacted positively after Trump signaled easing trade tariffs
U.S. crude oil inventories fell by about 4.6 million barrels last week, per API data
Decision follows nearly a year of anti-dumping investigations by U.S. solar manufacturers
Trump criticized Fed Chair Powell, warning the U.S. economy could slow without immediate rate cuts
