Bearish sentiment weighs on oil prices amidst economic growth concerns and China recovery worries.

Oil prices fell at the start of the week due to expectations of another rate hike by the Fed and weaker-than-expected economic data from China. The US Federal Reserve is expected to announce a 25-basis-point rate hike later this week to tame inflation. China's purchasing managers' index for March fell to 49.2 from 51.9 in March, sparking worry about the Asian powerhouse's recovery. Despite the recent slide, prices could yet live up to earlier forecasts that saw Brent breaching $100 again before this year's end.