It also covers the news and reviews of the ENOC. It is the only news agency on lubricants oil market of Bangladesh. Towards Biz covers news and reviews on oil and gas market. It is shared platform for lubricants oil brands and its marketers.
Lubricants Oil Market
The lubricants oil market is one of the rising markets in Bangladesh. Now, many oil marketers are enjoying their lubricants business and more brands are entering this market. However, the market analysis on this industry has outlined few observations in terms of business strategy. Also, it has found the least reporting or proper knowledge on quality lubricating oil. However, These findings are the main reason for lagging behind this oil market.
Recently, the power sector has got more attention to media because of government agenda. A brief analysis of the case studies and market insights has drawn the nature of the lubricants oil market in Bangladesh.
The lack of market research and the least reporting on this market might see as the limitations to its natures. These natures are limited to both communication and business strategy of the lubricants oil industry.