The Blues dominated possession in the first half, going ahead through Florentino Luis' thumping finish, seeing two penalty appeals turned down and having a second goal chalked off for a foul at a corner.

Hull changed system at the break to get a foothold and turned the game on its head through goals from Tim Iroegbunam and Oli McBurnie. Ipswich responded well, hitting back via Julio Enciso's fine strike from outside the area and creating chances to win it.

"Excellent performance, better side for almost all of it," said O'Neil, when asked for his verdict.

"Obviously there's disappointment that it doesn't get us three, but a point on the road in the Premier League is still good.

"There's a lot of promise that we were that much better than them in their own stadium.

"There's just a little bit of disappointment that we didn't manage the three real situations that we needed to manage. Walts (Christian Walton) gets us out of one with a good save, then the other two end in goals.

"We knew that Hull would be waiting for those sort of mistakes and those moments. That was the only way they were going to hurt us. There was nothing tactically that could cause us a problem.

"So I'm disappointed that we didn't find a way to manage those two situations, but really pleased with the players and what they gave. I can accept mistakes always.

"It was a top performance with the ball. Hull were better second half than they were in the first, but they still weren't better than us. They were obviously a bit more aggressive - they had no choice but to be - but still we created many, many chances, should have scored more goals, should probably have had two penalties.

"It's an eventful day, but one that we have to accept we didn't quite do enough in. But to be that dominant away in the Premier League is credit to the lads."

Hull's equaliser came after Iroegbunam raced into space down Town's left and slammed in a shot at the near post after skipper Dara O'Shea backed off. They then took the lead when McBurnie was allowed to side-foot a central 18-yard free-kick into the bottom corner.

"We made two mistakes in the game - it happens, nobody's perfect," said O'Neil.

"It's just some decision making. Do I? Don't I? Unfortunately, we got a couple of those wrong, which happens. There's absolutely no criticism of any of our players from me. I thought they were top again.

"But if you make a little mistake in a Premier League game, it can end in a goal. Unfortunately for us, like I say, they did today.

"You have to give them credit. They don't dominate the game. They don't batter your goal. But they've capitalised on mistakes. They've done that against everybody, really, and they've done it again today.

"A couple of mistakes and they punished us for them."

Pressed on Hull's second goal, O'Neil said: "I think wall placement was okay, probably. There's loads of stuff in that. Yeah, I will look at it. I'll look at everyone's part in it. But I don't think it was a structural problem.

"As I say, there's some decision making in the build up to that. And some decision making once the ball's hit from McBurnie that needs to be better.

"If we'd have made two better decisions, that and the one where Iroegbunam gets in that space, we leave with a comfortable win.

"They are the margins. We just keep working with the players, keep trying to make them understand situations, keep testing them on their decision making. But it's a real positive display."

The Blues boss continued: "Some people have asked me already about Hull being better (than us) second half. They definitely weren't. There was some emotion attached to it. They stepped on a bit. They went to McBurnie a bit. But even when we went 2-1 down, we just grabbed the game back and took full control of it and created a load of chances.

"I think it's a real positive for us today to come away from home in the Premier League and play like that. I think the fans feel the same as me. The reception they gave the players at the end was exceptional, as always. But I'm sure they also feel like, 'Ah, we could have won that one'. That's where we are with it.

"A point away in the Premier League gets us to 11. Now it's a good home game for us next week (against Bournemouth on Sunday) to see if we can push on again."