The reports followed disappointing figures on U.S. consumer spending and manufacturing activity earlier in the week , adding to concernsNegative_sentimentover the U.S. economic recoveryGrow.strong.
Separately , uncertainty over the future of the Federal Reserve 's stimulus program also dominated markets after a recent string of U.S. economic reports underlined concernsNegative_sentimentover the outlook for the nation 's economic recovery .
However , concernsNegative_sentimentover risingMovement.up.gainU.S. oil production continued to linger , especially following reports hits week that U.S. production is expected to exceed 10 million barrels per day -LRB- bpd -RRB- very soon .
Meanwhile , U.S. budget concernsNegative_sentimentpersisted after Republican leaders in the U.S. House of Representatives refused on Thursday to give in to President Barack Obama 's demand for straightforward bills to run the government beyond September 30 and to increaseMovement.up.gainborrowing authority to avoid a default .
`` Fear of global economic growth distressSlow.weak( is ) afflicting the entire energy complex with concernsNegative_sentimentthat consumption will be badSlow.weakthis year , '' Peter Kiernan , lead energy analyst at the Economist Intelligence Unit ( EIU ) , said .