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Crude prices Friday broke below 88 U.S. dollars a barrel as China raised bank reserve requirement and positive economic data lifted dollar.China's central bank on Friday raised bank reserve requirement by 50 basis points for the third time in a month to counter inflation.

Investors are afraid that China is expecting a slower economic growth,[link widoczny dla zalogowanych], and crude oil demand would drop down.On Friday,[link widoczny dla zalogowanych], the dollar got a lift as the preliminary December reading of consumer sentiment rose to its six-month high of 74.2 and U.S. trade deficit for October narrowed to its lowest level in nine months of 38.7 billion dollars. Stronger dollar also pressured oil price.

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