Crude Oil Prices Drop on Peace Hopes

Crude oil prices went down on Friday because people are hoping that Russia and Ukraine might make peace.

This could mean that there won't be any problems with getting oil from Russia, which is a big oil producer.

Also, Venezuela, which is under sanctions, has sent some oil to China.

This news made the price of oil go down.

Other things like natural gas, guargum, and jeera also changed in price, but not as much as oil.

The price of oil is important because it affects how much things cost, like gas for cars and heating homes.