As per the reports, Two oil companies had registered a case of hoarding for the creation of artificial fuel shortages in Karachi.
The case was brought in response to a complaint from the fuel crisis member, Muhammad Qasim, to the Karachi police station in Jackson.
The move was made after the commission discovered the black fuel market.
The federal government previously set up a commission of inquiry to investigate the "artificial" oil shortage in the country.
The research team was commissioned to investigate the causes of hoarding and the black market behind the oil crisis.
According to the PSO, most of the country's oil market companies had no 21-day reserves of petroleum products in April, although companies had to meet approval requirements to ensure a minimum 21-day coverage for all petroleum products at all times.
The state oil company said that as demand for petroleum products increased in May, companies had only two to three days of fuel, and the entire burden was shifted to the PSO.
During the reporting period, oil companies were hesitant to buy oil products, the PSO said, and urged the government to crack down on the oil companies.
Read Also: Why Petrol is short after Prive Reduction
Federal Energy Minister Omar Ayub Khan said that supplies of petroleum products would improve over the next three days.
He spoke to the media after appearing in a gas shortage in the Peshawar Supreme Court.
Omar Ayub Khan said the action against hamsters was ongoing. The mafia is preventing people from taking advantage of the reduced fuel prices, he added.
The minister answered a question that FIRs were registered with the Horter who was involved in the oil shortage and that the demand for petroleum products exceeded 30 percent of the current supply.
The federal government previously set up a commission of inquiry to investigate the "artificial" oil shortage in the country.
According to the PSO, most of the country's oil market companies had no 21-day reserves of petroleum products in April, although companies had to meet approval requirements to ensure a minimum 21-day coverage for all petroleum products at all times.
The state-owned company indicated that as demand for oil products increased in May, companies had only two to three days of fuel and the entire burden went to the PSO.
