• The Norwegian Krone surged, extending previous session gains following better-than-expected growth figures, while oil rose on storm-driven output cuts. 
   
• The Norwegian economy shrank 5.1 percent on quarter in April to June, after an upwardly revised 1.7 percent fall in the first quarter, but better than forecast of 7.8 percent decline. 
   
• Crude oil prices surged, extending previous session gains after storms disrupted U.S. production.
   
• Producers have shut more than 1.5 million barrels per day of Gulf Coast offshore oil production, nearly 14 percent of the nation’s total output.
   
• International benchmark Brent crude was trading 0.4 percent up at $45.20 per barrel by 0848 GMT, having hit a low of $43.62 on Friday, its lowest since August 4. U.S. West Texas Intermediate was trading 0.3 percent higher at $42.51 a barrel, after falling as low as $41.48 on Friday, its lowest since August 10.
   
• USD/NOK trades 0.1 percent lower at 8.9745, having touched a high of 9.0639 on Friday, its highest since August 7.
   
• Minor resistance at 20-EMA, as the pair struggles to close above. 
   
• Immediate resistance is located at 9.0253, close above could take it till 9.0537.
   
• On the downside, support is around 8.9464 (7-EMA), break below could take it till 8.9283.