Baker Hughes oil rig count rises for the 12 week in a row

Oil rigs up 10 to 672 from 662
Baker Hughes rig count for the current week shows another gain:
The price of oil is up  $0.47 to $52.17. That is a gain of +0.93%. The high reached $52.94. The low $51.49.  Key support for oil is around the $51.00 level where the 100 day MA and the 50% of the move down from February high comes in.