After oil prices dipped again Wednesday, "Fast Money" traders looked for safe plays on the battered commodity.
U.S. crude settled more than 3 percent lower, at $36.60 a barrel, after government data showed that stockpiles unexpectedly rose in the last week. Still, some opportunities exist in the sector, said trader Tim Seymour.
Shares of exploration and production company Occidental Petroleum could have upside from their current price, he said. The stock has fallen nearly 17 percent this year.