BHP, Rio Tinto, Anglo American and Glencore all firmly in the red as FTSE sinks, while oil prices tumble again.
As fears over negative interest rates grow, gold is becoming an attractive investment.
Saudi Arabia's Oil Minister Ali al-Naimi says there is 'no sense wasting our time seeking production cuts'.
Ali al-Naimi's warning seemed to be directed at Russia and Iran.
Stocks suffered after Saudi Oil Minister Ali al-Naimi said proposed production costs will take place.
Standard Chartered and BHP drag FTSE lower as oil prices tumble again, while LSE shares soar after merger talks.
All Asian indices were trading lower despite an increase in WTI crude oil prices.
Further stabilisation in China, where the yuan has held steady, also helped US stocks rally.
Oil output in the US will decline over the next two years before reaching all-time high, according to the IEA.
Japanese manufacturing PMI falls to 50.2 in February from 52.3 in the previous month.
China's Shanghai Composite Index and other indicators react to oil price fall.
Saudi foreign minister Adel al-Jubeir dismisses Doha agreement to cut output.
The Dow Jones and S&P 500 were down less than 0.5%, while Nasdaq closed down over 1%.
Index affected by volatility in oil market and 'high degree of uncertainty' on outcome of EU summit in Brussels
US stocks edge slightly higher as jobless claims fall to three-month low and oil prices gain more than 3%.
Edmund Shing explains why now is a great time to invest in pharmaceutical firm Shire.
Oil prices have bounced back after Saudi Arabia and Russia agreed to freeze output.
Dow Jones and S&P 500 posted their first three-day win streak this year.
MIT Enterprise Forum hosts first ever Blockchain & Energy event on Monday 22 February.
The FTSE 100 jumped 2.87% on Wednesday 17 February, building on Tuesday's gains.
Healing power: Why the rise of healthcare technology marks a robust investment choice for the future
Iran's OPEC envoy says Tehran will not commit to a deal between Saudi Arabia and Russia over capping output
Oil prices were in the green after Saudi Arabia and Russia decided to freeze their production levels.
While many investors exited Apple, Tiger Global Management invested in the iPhone maker.
Oil ministers of Venezuela and Iraq are travelling to Tehran to discuss the issue.
US stocks rallied to close up on 16 February with the help of positive developments in China.
Exports of vodka to Ukraine, one of the biggest export markets in previous years, dropped 70%
The deal, which would increase oil prices, is contingent on Iran and Iraq joining in.
Saudi Arabia, Russia, Venezuela and Qatar agree to freeze oil output at January levels.
Dow Jones and Nasdaq gain 1% after Saudi Arabia and Russia agree to freeze oil production to address price crisis.