Chrispy,
You'll find these old Zed's are so 'over engineered' they'll probably run on old chip oil, not that I'd recommend that of course.
The underlying issue is that these bikes have a wet clutch, so a bike specific oil is advisable, since so many car oils have 'friction modifiers', which aren't designed for a wet clutch.
Just think back to what oil was available when these bikes were new? Any modern 'basic' oil will be a vast improvement & unless you're running a highly tuned motor, I'd stick with something sensible & change it & the filter every year.
...... Mmmmm, seem's I've 'gone on a bit'..............
