Cars drive past an Exxon gas station on April 01, in Houston, Texas. Exxon expects a profit boom thanks to high oil prices. But exiting Russia will come at a cost.
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Exxon expects a profit boom thanks to high oil prices. But exiting Russia will come at a cost
It's a tale of two oil trends for ExxonMobil: The company will post a massive profit increase for the first quarter thanks to the oil price spike, but it's bracing to lose money on its planned exit from Russia.
