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Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary General Haitham Al Ghais said on Tuesday.

Oil rose in the early Asian trade amid Middle East tensions that could lead to supply disruptions.

Nigeria’s naira rose for a seventh day to a two-month high against the dollar on Tuesday amid higher oil prices and as investor concerns over US trade tariffs eased.

Crude oil prices on Thursday rose Rs 57 to Rs 5,788 per barrel in futures trade as participants increased their positions following a firm spot demand. On the Multi Commodity Exchange, crude oil for July delivery traded higher by Rs 57 or 0.