Morning News: Oil Rises from Lowest Since October on Broader Market Optimism – By Spectrum Research
- Oil rallied from its lowest close in almost two months, buoyed by bullishness in broader financial markets.
- The tax machinery on Thursday told Prime Minister Shehbaz Sharif that it may miss the first half-year's downward revised target by Rs560 billion without support from the office of the attorney general, amid a warning by the Ministry of Finance about the implications of a huge revenue shortfall for government expenditure.