Oil futures headed for biggest weekly drop since March

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Oil futures are volatile amid supply issues with a sell-off this week that has investors claiming it's an overcorrection. In related news, a Wall Street Journal report details ExxonMobil (XOM) closing in on acquisition of Pioneer Natural Resources (PXD) worth upwards of $60 billion. Yahoo Finance Senior Business Reporter Ines Ferre joins the Live show to break down all the details regarding the energy sector and Exxon's acquisition. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Oil futures are volatile amid supply issues with a sell-off this week that has investors claiming it's an overcorrection. In related news, a Wall Street Journal report details ExxonMobil

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