In this conversation, CNBC reporter Kate Rooney helps walk us through the big changes that have created headwinds for payment giants Visa and Mastercard. We talk about the significance of Visa's bid for Plaid; the rise of new rival payment networks; and which crypto names could also end up significantly disrupting this space.

Pres. Biden announcing he plans to release 50 million barrels of crude from the Strategic Petroleum Reserves, the Deputy Secretary of Energy joins us to discuss the plan and Goldman’s Jeff Currie tells us why he still sees oil going to $85/barrel. Nordstrom and Gap both report after the bell, what to watch for in the earnings report and whether these beleaguered brands can right the respective ships. And oil was a hot topic today, but there’s an under-the-radar energy stock one Evercore analyst says you ‘must’ own. He joins us with that name.