Rinsing the rice reduces its starchiness, making for a fluffy, not sticky, product.
Place rice in a large bowl. Rinse with water 3 or 4 times or until water is no longer cloudy. Drain.
Bring rice, 1 1/2 cups water, and oil to a boil in a heavy saucepan. Cover, reduce heat, and simmer 15 minutes or until done. Remove from heat, and let stand 10 minutes. Fluff with a fork.