Oil prices climbed back above $75 a barrel Tuesday, the Associated Press reported. By early afternoon in Europe, benchmark crude for August delivery was up 63 cents to $75.58 a barrel in electronic trading on the New York Mercantile Exchange. The contract lost $1.14 to settle at $74.95 on Monday. In other Nymex trading in August contracts, heating oil gained 0.91 cent to $2.0004 a gallon, gasoline rose 0.75 cent to $2.0355 a gallon and natural gas rose 0.9 cent to $4.397 per 1,000 cubic feet. In London, Brent crude advanced 83 cents to $75.20 a barrel on the ICE Futures exchange.