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State-owned Indian Oil Corp. signed a partnership with Mohammed Yousef Ngai Group for distribution of its Servo brand of industrial, automotive and marine lubricants in Saudi Arabia, which it says will help realize its goal of doubling lubricant sales internationally. Global base oil sales are projected to reach U.S. $41.68 billion by 2020, up from $39.43 billion in 2014, according to a study by Markets and Markets Inc.

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