Crude oil futures held firm above $73 per barrel, adding 1.5% on the day on Friday. The rise in crude Oil prices comes amid concerns over potential supply disruptions as markets assess the risk of a 25% tariff imposed by US President Donald Trump on Mexico and Canada—the two largest crude exporters to the United States (US). Investors also await the OPEC+ meeting on Feb 3, with expectations of no immediate supply hikes. Trump is pressuring Saudi Arabia to cut prices while considering exempting oil from new 25% tariffs on Canada and Mexico. MCX February crude futures gained ₹42 to ₹6321 per barrel.