I just noticed that the oil market is becoming a serious focus for investors in 2026. This is because geopolitical tensions in the Middle East have intensified, causing oil prices to fluctuate heavily and creating interesting investment opportunities for those who understand the energy market.

If you’re looking for Thai oil stocks worth watching, PTT (PTT) is a real standout, with stable dividends of 5-7% per year and expansion into non-oil businesses and electric vehicles. PTTGC is a cyclical stock—one that you need to understand the moves in the petrochemical market. Thai Oil (TOP) is also interesting thanks to its investments in clean energy projects. Bางจาก (BCP) has gained momentum from acquiring Esso gas stations, giving it a clear growth story. PTG is an option for those who want growth by expanding gas station branches and other retail businesses.

When it comes to the global market, there’s no doubt that Saudi Aramco remains a giant, with massive dividends and the lowest production costs in the world. However, geopolitical risks are something to keep in mind. ExxonMobil stands out with its Permian Basin holdings and a track record of increasing dividends continuously for decades. Chevron has strong cash flow and a clear share buyback policy. PetroChina is an option for those looking to diversify into Asia, although you have to accept the risks of Chinese policy. Shell is a leader in LNG, with the potential to drive an energy transition.

As for investment methods, there are several options—from oil funds based on WTI futures contracts, to buying individual stocks in the energy sector, or even using CFD with overseas brokers if you want to invest with less capital. Ultimately, it depends on each person’s expertise and the level of risk they are willing to take.

What you need to watch out for is that oil stocks are not just about oil prices. You also need to track other factors such as production capacity, geopolitics, seasons, and exchange-rate volatility. A deep understanding of these factors is the key to choosing the right oil stocks for your investment goals.

Overall, this year’s oil market is full of opportunities, but there are risks you shouldn’t ignore. If you study carefully and plan thoughtfully, oil stocks can be an important part of your investment portfolio.