Apricot Barbecue Sauce

1/2 cup olive oil

1/2 cup wine vinegar

1 cup apricot nectar

1/4 cup brown sugar

2 tablespoons Dijon mustard

1 teaspoon salt

1/2 teaspoon chili powder

Combine all ingredients in a saucepan and heat until boiling over medium heat.

Boil for 1 minute, then cool at room temperature, and refrigerate until ready to use.