The Iran war and tensions in the Middle East create an interesting situation for the energy market in 2026. "Oil sector stocks" have become the hottest topic in the investment world because the volatility of oil prices creates both opportunities and risks at the same time.

Looking at the Thai market, the most prominent company is PTT, which is the national energy leader. Its stock price is 34.50 baht, with a market value of over 999 billion baht. What’s interesting is that the company is expanding into non-oil businesses and electric vehicles, preparing for a future where renewable energy will play a much more significant role. Additionally, dividends remain stable at 5-7% per year, providing investors with consistent returns.

PTT Global Chemical (PTTGC) is another noteworthy option in the oil stock group, priced at 28.25 baht. This stock tends to fluctuate with the global petrochemical cycle. If you understand the economic cycle well, this stock could offer excellent returns.

Thai Oil (TOP), at 48.25 baht, is a refinery company with several clean energy projects. Its dividends are moderate to high, but you need to watch refining margins and global market volatility.

Bangchak (BCP), at 36.50 baht, has clear growth stories from acquiring Esso, significantly increasing its market share. However, be cautious of debt burdens from large-scale expansion.

PTG Energy (PTG), at 8.00 baht, is a rapidly expanding stock, whether in fuel stations or coffee shop businesses. Its dividends remain moderate because the company focuses on growth investments.

Looking at the global market, Saudi Arabia and ExxonMobil are the targets for legendary investors. ExxonMobil, at $156.12, is an excellent dividend stock that has increased dividends for many decades, owning vast drilling areas in the Permian Basin.

Chevron (CVX), at $196.82, has strong cash flow and a clear policy of returning profits to shareholders through buybacks and dividends.

In Asia, PetroChina at 12.05 yuan benefits from its monopoly over China’s energy market and the regional energy demand recovery. Its dividends are very high compared to other Asian energy companies.

Shell at $44.67 is a global leader in the liquefied natural gas (LNG) industry, which is increasingly important in the energy transition.

There are many ways to invest in oil stocks: some choose oil funds tracking WTI to follow oil prices directly; others buy individual stocks for dividends and growth; some use CFDs for leverage and greater flexibility.

What drives the oil market in 2026 is geopolitical tensions that could disrupt transportation through the Strait of Hormuz, a vital artery for the global energy market. Additionally, it’s essential to monitor production capacities of major producers, seasonal factors, and exchange rate volatility.

Oil stocks, whether from Thailand or abroad, each have their advantages and limitations. If you understand the business characteristics and strengths of each company well, the oil market can become a significant profit source in your investment portfolio.