Pearls need a bit of moisture, but not more or less. Conchiolin, the cement of aragonite crystals of pearls, is a protein we can compare to the one making nails and hairs (horns too), mentioned by BWeaves. Then, we may better understand how moisture works on a pearl. Too much moisture softens conchiolin, damaging its cement properties, and dry makes it fragile, for the same result.
Any kinds of oil must be avoided: oil can change conchiolin structure, and worst, can enter between aragonite crystals layers, all of that killing luster of nacre.