US West Texas Intermediate crude for June delivery was up 24 cents, or 0.4 percent, at USD 68.81 a barrel by 0402 GMT, after settling up 47 cents on Monday.
London Brent crude for new July delivery was up 21 cents at USD 74.90. The June contract expired on Monday, settling up 53 cents at USD 75.17.
Trade was quiet in Asia as many markets including China, India and Singapore were closed for public holidays.
Oil prices jumped on Monday after Netanyahu stepped up pressure on the United States to pull out of the 2015 nuclear deal with Iran, presenting what he called evidence of a secret Iranian nuclear weapons programme. Tehran has denied ever seeking nuclear weapons.
Trump has given Britain, France and Germany a May 12 deadline to fix what he views as the deal's flaws or he will reimpose sanctions.
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