Nymex crude futures continued its second day of gains, heading above $39 a barrel in Asia trade Monday. John Vautrain, director & VP at Purvin and Gertz tells CNBC's Martin Soong what is pushing oil prices higher.

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Cramer: Save No Matter What Fri 24 May 13 \| 06:15 PM	The Week Ahead: Housing Data on the Way Fri 24 May 13 \| 06:02 PM	The Week That Was: Dimon's Good Week Fri 24 May 13 \| 06:01 PM	Cramer Looks Back: Love At First Stock! Fri 24 May 13 \| 06:00 PM	Options Action Web Extra Fri 24 May 13 \| 05:59 PM
The Final Call Fri 24 May 13 \| 05:58 PM	Fast Money Final Trade Fri 24 May 13 \| 05:58 PM	Good Deal in Groupon Fri 24 May 13 \| 05:53 PM	Can Dish Win the Cable Wars? Fri 24 May 13 \| 05:46 PM	Fine Trade in Refiners? Fri 24 May 13 \| 05:35 PM
Buying Opportunity in Google? Fri 24 May 13 \| 05:30 PM	Does Motherhood Kill Your Trading Edge? Fri 24 May 13 \| 05:30 PM	Wolfgang's Steakhouse Expansion Fri 24 May 13 \| 05:15 PM	One Bull's Big Stock Market Call Fri 24 May 13 \| 05:08 PM	Why One Trader's 'Sort of Spooked' Fri 24 May 13 \| 05:03 PM
Is Market Psychology Changing? Fri 24 May 13 \| 05:00 PM	Beef Prices Concern Traders Fri 24 May 13 \| 04:58 PM	Can Agriculture Stocks Grow? Fri 24 May 13 \| 04:53 PM	Arrested Development Launches Sunday on Netflix Fri 24 May 13 \| 04:50 PM	The Business Behind the Indy 500 Fri 24 May 13 \| 04:48 PM
Solutions to Bridge & Road Woes Fri 24 May 13 \| 04:37 PM	Good News For Your 401(k) Fri 24 May 13 \| 04:22 PM	P&G: Former CEO's Encore Fri 24 May 13 \| 04:10 PM	Time to Fear Inflation? Fri 24 May 13 \| 04:05 PM	Cyberthreat Weekly Recap: Week of May 24 Fri 24 May 13 \| 04:00 PM
Summer Investing: Advice From the Pros Fri 24 May 13 \| 03:53 PM	Summer After Sandy In Jersey Fri 24 May 13 \| 03:43 PM	Markets Move on Fed's 'Taper' Hints Fri 24 May 13 \| 03:34 PM	Talking Numbers: Can Delta Fly Higher? Fri 24 May 13 \| 03:30 PM	Delta Pours $1.4 Into JFK Terminal Fri 24 May 13 \| 03:23 PM

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Oil Rises Above $39 in Asia Trade

Oil Rises Above $39 in Asia Trade

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