• The Norwegian Krone declined to a 1-week trough as the crude oil prices fell on renewed demand worries and a bigger than expected rise in U.S. distillate stockpiles. 
   
• Crude oil prices declined after rising to a 1-week peak in the prior session amid fresh concerns about weak fuel demand after Hurricane Sally passed through the Gulf of Mexico into the southeastern United States.
   
• U.S. Energy Information Administration data showed on Wednesday distillate stockpiles rose by 3.5 million barrels last week, nearly six times more than analysts had expected.
   
• International benchmark Brent crude was trading 0.1 percent down at $42.26 per barrel by 1110 GMT, having hit a high of $42.42 on Wednesday, its highest since September 4. U.S. West Texas Intermediate was trading 0.1 percent lower at $39.40 a barrel, after rising as high as $40.32 the day before, its highest since September 4.
   
• Moreover, a rebound in the greenback against a basket of currencies dented the bid tone around the Norwegian currency. 
   
• USD/NOK trades 0.7 percent higher at 9.0692, having touched a low of 8.9737 in the prior session, its lowest since September 10.
   
• The pair broke above key resisatnce 55-EMA earlier in the session to record a 1-week high.
   
• Immediate resistance is located at 9.1524, close above could take it till 9.1771.
   
• On Wednesday, the pair breached minor support at 20-EMA but trimmed losses to close 0.2 percent lower at 9.0106.
   
• On the downside, support is around 8.9735 (20-EMA), break below could take it till 8.9570.