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.
To the best I know and think for now, there is no connection what so ever between bitcoin and oil. The only thing that may happen is, when oil price goes up that much, there will be more money in the system thereby, more investors may come in to invest in bitcoin which will drive the price up