We experimentally investigate the rheology and stress fluctuations of granules densely suspended in silicone oil. We find that both thickening strength and stress fluctuations significantly weaken with oil viscosity $eta_0$. Comparison of our rheological results to the Wyart-Cates model for describing different dynamic jamming states suggests a transition from frictional contacts to lubrication interactions as $eta_0$ increases. To clarify the contribution from viscous interactions to the rheology, we systematically measure stress fluctuations in various flow states. Reduction of stress fluctuations with $eta_0$ indicates that a strong lubrication layer greatly inhibits force correlations among particles. Measuring stress fluctuations in the strong shear thickening regime, we observe a crossover from asymmetric Gamma to symmetric Gaussian distributions and associated with it a decrease of lateral (radial) correlation length $xi$ with increasing shear rate.