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.
It clearly does not make sense. Oil is far from crypto currency even though the prices of goods affect the stock market. Stock market is a lot more different from crypto currency. People who invested in bitcoin does not think in rhe price of the goods such as oil in investing that is why there is no connection at all. More probably it will result for a better outcome if people who invested in stocks will go to crypto because of instability of stock market and this is a good thing.