The pan-European STOXX 600 index rose 0.7% by 0717 GMT, adding to a near 2% gain last week.
Oil majors Royal Dutch Shell, BP and Total gained nearly 2%, with crude prices climbing after an easing of the worst fears about Trump’s health condition and an expanding workers’ strike in Norway, Western Europe’s largest oil producer.
German fertiliser group K+S jumped 13.5% after Bloomberg reported it was in advanced talks to sell its Morton Salt unit to Kissner Group for about $3 billion.
Dufry surged 12.2% after it revealed that China’s Alibaba planned to acquire a stake of up to 9.99% in the Swiss duty free group.
UK’s Weir Group Plc rose 17.7% to the top of STOXX 600 as it had agreed to sell its oil and gas division to U.S. heavy equipment maker Caterpillar for $405 million.