Saudi Arabian king has power over the U.S. stock market rally By: MarketWatch March 14, 2017 at 14:25 PM EDT The kingdom is ramping up oil production, which could sink stock prices, writes Nigam Arora. Read More >> Related Stocks: Chevron Corp Continental Resources Energy Select Sector SPDR Exxon Mobil Halliburton Co Marathon Oil Oasis Petroleum Inc SPDR S&P 500 ETF Trust United States Oil Fund