• The Norwegian Krone declined, halting a 2-day winning streak as the oil prices declined on increasing U.S. crude stockpile.
  
• Crude oil prices slumped, extending losses from the previous day, after U.S. crude stockpiles grew more than expected, adding to worries about oversupply.
  
• International benchmark Brent crude was trading 1.1 percent lower at $41.90 per barrel by 1121 GMT, having hit a high of $43.92 on Tuesday, its highest since March 9. U.S. West Texas Intermediate was trading 1.05 percent down at $39.59 a barrel, after rising as high as $41.61 on Tuesday, its highest since March 6.
  
• USD/NOK trades 0.5 percent lower at 9.5368, having touched a high of 9.7151 on Monday, its highest June 15.
  
• Immediate resistance is located at 9.6327, close above could take it till 9.6715.
  
• On the downside, support is around 9.4552, break below could take it till 9.4234.