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Indonesia's GoTo Says Keeping Close Eye on Oil Prices

Bloomberg Technology
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Indonesia’s GoTo Group projects full-year earnings will surpass forecasts, citing sustained business growth as the primary driver. The announcement was made by CEO Hans Patuwo in a March 2026 interview. Rising Middle East tensions and oil price volatility remain key concerns, with Patuwo stating the company is closely monitoring potential demand impacts from the ongoing regional conflict. GoTo may introduce oil surcharges for select users to offset fuel cost fluctuations, a direct response to supply chain disruptions linked to the war. Global oil markets face strain as attacks on tankers in Iraqi waters and Bahrain’s fuel infrastructure escalate, compounding supply fears amid the Iran conflict. The IEA plans to release emergency oil reserves to stabilize prices, while geopolitical risks persist in critical chokepoints like the Strait of Hormuz.
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Mar 12th, 2026Indonesia's GoTo Says Keeping Close Eye on Oil PricesIndonesia's GoTo Group expects full-year earnings to exceed forecasts, driven by strong business momentum. However, CEO Hans Patuwo says the company is keeping a close eye on oil prices and their impact on demand amid the war in the Middle East. In an exclusive interview, he also says GoTo may consider oil surcharges for certain users.Duration:0:45Fuel Tank On Flame in Bahrain as Crisis WorsensDuration:1:33Trump Encourages Oil Companies to Use Strait of HormuzDuration:0:53Two Tankers Attacked In Iraq WatersThe Asia TradeDuration:7:35Deeply Concerned About Strategy, Cost of War, Sen. Smith SaysDuration:1:01IEA to Release Oil Reserves as Iran War Chokes SupplyDuration:2:58How China Will Boost Domestic DemandDuration:1:37Meta Will Deploy Four New In-House Chips to Handle AI WorkloadsDuration:11:42Sen. Rand Paul on US Debt, ICE, and the Future of the DHSAvailable on:Listen onApple TVListen onRokuListen onSamsung TVListen onFire TVListen onAndroid TVListen onRakuten TVListen onHaystack NewsWatch BTV in your area:Channel Finder

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