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The pan-European STOXX 600 gained 0.2% at 08:26 GMT after finishing last week in the red with a still fragile feeling.
Oil stocks jumped 1.8% after a 1.5% rise in crude prices after the announcement by Saudi Arabia, the leading exporter, of a reduction in its oil prices. offers in December, other producers also considering a reduction in 2019.
Core resource stocks also advanced 1.8% as part of a general increase in cyclical stocks.
Tobacco stocks stole the show.
British American Tobacco shares fell 11% to their lowest level since February 2014 after a Wall Street Journal report that the US Food and Drug Administration plans to continue the ban on menthol cigarettes.
Imperial Brands shares fell only 3.4% as traders reported that BAT was the most exposed to menthol cigarettes.
The results continued to grow, although the profit stream slowed as the end of the season approached.
Financial software provider Simcorp was the biggest loser at STOXX, down 10% after its results after Friday's close showed a drop in profits.
Shares of Flughafen Zuerich fell 8% after the company said that aviation revenues could be affected if the Federal Office of Civil Aviation's proposals regarding the reduction of payments transfer agreements were promulgated.
M & A was also a driver.
The shares of SAP fell 3%, the worst drop in the DAX, after the software company announced the acquisition of the consumer confidence tracker Qualtrics International for $ 8 billion, price deemed expensive by traders and investors. analysts.
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