• The Norwegian Krone eased, extending retreat from a 5-month peak hit in the prior session as crude oil prices declined on concerns about rising U.S. oil inventories and a persistent surge in new coronavirus cases.
   
• On Wednesday, the U.S. Energy Information Administration said U.S. crude and distillate inventories rose unexpectedly and fuel demand slipped in the most recent week, as a sharp rise in coronavirus cases begin to hit U.S. consumption. 
   
• International benchmark Brent crude was trading 0.5 percent down at $44.08 per barrel by 1142 GMT, having hit a high of $44.86 on Tuesday, its highest since March 6. U.S. West Texas Intermediate was trading 0.6 percent lower at $41.72 a barrel, after rising as high as $42.49 on Tuesday, its highest since March 6.
   
• USD/NOK trades 0.4 up at 9.1690, having touched a low of 9.0720 on Wednesday, its lowest since Jan 27. 
   
• Immediate resistance is located at 9.2070 (5-DMA), close above could take it till 9.2317 (7-EMA).
   
• On the downside, support is around 9.0813, break below could take it till 9.0509.