Oil prices have risen in early Asian trade head of global central bank meetings and as tensions in the Middle East remained high, Reuters reports.

Brent crude futures LCOc1 rose 46 cents, or 0.53%, to $87.91 a barrel by 0001 GMT while US West Texas Intermediate crude CLc1 climbed 33 cents, or 0.4%, to $83.64 a barrel.

The Bank of Japan (BOJ) will be the first with its meeting on Tuesday where it is likely to revise up its inflation forecasts and discuss further tweaks to its bond yield curve control (YCC).

The US Federal Reserve will meet on Wednesday and the Bank of England on Thursday to discuss monetary policy and decide on potential future inflation-busting interest rate hikes. The Fed is expected to keep interest rates unchanged.

Investors are also expecting Chinese purchasing managers index data and third quarter gross domestic products figures from Hong Kong and Taiwan.