Oil and gas extraction equipments manufacturer Hunting plc (HTG.L) Wednesday said first quarter trading remains in line with Board's expectations.
The company further said, while activity in the Gulf of Mexico and internationally continues to improve, North American onshore drilling activity remains slow and that the overall sentiment of the energy industry remains positive, with customers continuing to indicate that capital expenditures will accelerate in the second half of the year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.