(Il Sole 24 Ore Radiocor) - Milano, 13 mag - Brent futures moved lower as investors adopted a cautious stance before the upcoming meeting between US president Donald Trump and Chinese president Xi Jinping.

The retreat reflects market uncertainty, with traders weighing potential diplomatic shifts against the ongoing supply disruptions in the Strait of Hormuz.

While the conflict in the Middle East continues to provide a floor for prices, hotter than expected US inflation data has reinforced concerns that high energy costs will persist.

At 0851 GMT, crude oil futures were down 62 cents, or 0.58%,.

at 107.15 dollars a barrel.

(RADIOCOR) 13-05-26 10:59:15 (0291) 5 NNNN