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listed Oil Search quarterly revenue jumps on rebounding oil demand

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Australia-listed Oil Search Ltd on Tuesday reported a 38% jump in its quarterly revenue and reaffirmed its annual production forecast, as rebounding demand for travel and industrial activity from reopening of economies strengthen oil prices.
Crude prices have soared more than 50% this year, fueling optimism about global oil demand returning to its pre-pandemic levels by next year.
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listed Oil Search quarterly revenue jumps on rebounding oil demand Back to video
This boosted the Papua New Guinea-focused firm’s operating revenue to $366.2 million for the quarter ended June 30, up from $266.2 million a year earlier. ....

Sameer Manekar , Shinjini Ganguli , Oil Search Ltd On , Oil Search , Santos Ltd , Oil Search Ltd , Papua New Guinea Focused , அதே மனேகர் , ஷின்ஜினி கங்குலி , எண்ணெய் தேடல் லிமிடெட் ஆன் , எண்ணெய் தேடல் , சாண்டோஸ் லிமிடெட் , எண்ணெய் தேடல் லிமிடெட் , பப்புவா புதியது கினியா கவனம் ,

UPDATE 1-ASX-listed Oil Search quarterly revenue jumps on rebounding oil demand

Q2 production down ~10% (Adds details on Pikka project in Alaska)
July 27 (Reuters) - Takeover target Oil Search on Tuesday reported a 38% jump in quarterly revenue and reaffirmed its annual production forecast, as rebounding demand for travel and industrial activity from reopening of economies strengthen oil prices.
Crude prices have soared more than 50% this year, fueling optimism about global oil demand returning to its pre-pandemic levels by next year.
For the quarter ended June 30, Oil Search recorded average realised oil and condensate prices of $71.55 per barrel, a more than three-fold jump from a year earlier, while realised LNG prices were 17.3% higher. ....

Sameer Manekar , Shinjini Ganguli , Oil Search Ltd On , Oil Search , Santos Ltd , Oil Search Ltd , Papua New Guinea Focused , அதே மனேகர் , ஷின்ஜினி கங்குலி , எண்ணெய் தேடல் லிமிடெட் ஆன் , எண்ணெய் தேடல் , சாண்டோஸ் லிமிடெட் , எண்ணெய் தேடல் லிமிடெட் , பப்புவா புதியது கினியா கவனம் ,