Yes synthetic blended oil is a much better blend of oil than regular conventional oil and will protect your vehicles engine much better than regular oil.
Conventional regular oil is okay for your vehicle and will lubricate your vehicles engine okay but synthetic blended oil has less impurities and is much better at lubricating your engine.
With synthetic oil you can also go a bit longer between your engine oil changes and also if your engine is a high mileage engine then use of synthetic oil over conventional oil would be a good idea.
With synthetic engine oil you can usually go 10,000 to 15,000 miles between oil changes so actually paying a bit more money for the synthetic engine oil can save you money because you require less oil changes.
Not only that it saves your engine and makes it last longer which also saves a lot more money.