• The Norwegian Krone declined after rising from four straight sessions, as the greenback rallied across the board. 
   
• The greenback against a basket of currencies traded 0.1 percent up at 99.22, having touched a low of 99.00 on Wednesday, its lowest since May 4.
   
• However, the Norwegian currency trimmed some losses as crude oil prices surged to multi-week peaks. 
   
• Crude oil prices advanced to an over 2-month peak as a drawdown of U.S. crude inventories and output cuts by major producers helped ease concerns about a supply glut.
   
• International benchmark Brent crude was trading 1.7 percent higher at $36.44 per barrel by 1045 GMT, having hit a high of $36.70 earlier, its highest since March 11. U.S. West Texas Intermediate was trading 2.2 percent up at $34.22 a barrel, after rising as high as $34.46 earlier, its highest since March 11.
   
• USD/NOK trades 0.3 percent up at 9.9295, having touched a low of 9.8862 the day before, its lowest March 13. 
   
• On Wednesday, the pair plunged to an over 2-month low but retraced to close 0.7 percent lower at 9.8999. 
   
• Immediate resistance is located at 9.9772, close above could take it till 10.0047.
   
• On the downside, support is around 9.8788 break below could take it till 9.8568.