In 2-quart saucepan, heat oil over medium-high heat. Add rice; cook 3 to 5 minutes, stirring occasionally, until rice sizzles and begins to lightly brown. Add cooking sauce and chicken broth. Heat to boiling. Cover; reduce heat to low.
Simmer 20 minutes, stirring every 5 minutes, until liquid is absorbed and rice is cooked. For a drier rice mixture, remove cover and let simmer uncovered about 5 minutes or until desired consistency.