In 2026, oil is back to being the hottest asset, especially amid heightened tensions in the Middle East, which has caused prices to surge unexpectedly. Many people are starting to take an interest in investing in oil stocks—whether in Thai companies or overseas ones—so I’d like to share 10 oil stocks to watch closely right now.

Let’s start with Thailand. PTT is still the real deal in the market, with steady dividends of 5–7% per year. It’s a great fit for people who want a foundational stock, have regular income, and don’t want to take on too much risk. As for PTTGC, it’s about cycles—if petrochemical prices rise, profits increase; if they fall, you can end up with losses. You really need to understand the market.

Thai Oil (TOP) is also worth paying attention to because of refining: if the GRM is good, it can generate profits. Bangchak (BCP) is another one that’s worth considering because after acquiring Esso, it grew significantly—but remember that debt has also increased. PTG Energy is a different option if you like retail stocks and coffee shops.

Now let’s move abroad. Saudi Aramco is considered a Super Blue Chip, with very high dividends and relatively low risk, but you still need to be careful. Geopolitics in the Middle East can be volatile. ExxonMobil and Chevron are classic American energy stocks; both have long histories of paying dividends. If you’re a long-term player, these two are definitely worth holding.

PetroChina is largely about diversifying into Asia, with dividends that are very high compared with other energy stocks. However, you have to accept the risks tied to China’s policies. Shell is a leader in LNG, which is the energy of the future, but it also has to deal with environmental pressure.

There are many ways to invest in oil stocks. You can invest through oil funds that are linked to WTI, which is the most straightforward approach, or you can buy individual stocks in the energy sector—from upstream to downstream—where there’s plenty to choose from. Another option is CFDs, if you want to use less capital through a Leverage system.

The benefits of investing in oil stocks include long-term stability. Oil is a resource that’s used all the time and never runs out. It can offer high profit margins and good dividends. In addition, it can serve as a way to hedge against financial risks.

But remember that oil prices move up and down due to many factors, such as geopolitical situations—especially the Strait of Hormuz, which is a major artery for global energy. If it’s closed, oil prices will surge for sure. Demand for oil, seasonal cycles, and exchange rates also have a big impact.

In summary, oil stocks are assets with high profit potential in 2026. If you understand the market and choose the ones that fit your style—whether that’s a steady dividend approach or looking for Growth—there are options. The key is to study carefully and don’t invest blindly.