I honestly don't see any connection to Bitcoin in this case, and if the prices of both responded similarly in some ways previously, it's likely coincidence. I might have missed something fundamentally, but that's my opinion.
PetroCoin (MaduroCoin) however will benefit from an increasing oil price, so I assume that the investors and backers of this governmental garbage will happily look forward to what the future brings.
I'm interested in reading your theory. If it's convincing and makes me look at the situation differently in terms of Bitcoin, I will Merit your theory.
Yeah in the first place you can see that it has no relation between the price of the bitcoin and the price of the oil but if you are going to analysed these you would notice that bitcoin is related to the fiat currency, why.? Because if you have bitcoin and you want a cash from it you are going to convert it in particular currency which have a big effects in the economy, and when the economy of a particular country so it means the goods are in the good price especially the oil.