Place all ingredients in a heavy saucepan and bring to a boil. Reduce heat and simmer about 20 minutes, or until slightly reduced and flavors are well blended. Stir occasionally during cooking so the sauce does not scorch on the bottom.
Adjust seasoning.
Per 1 fl oz (29.57 mL): Calories, 25; Protein, 0 g; Fat, 2 g (60% cal.); Cholesterol, 0 mg; Carbohydrates, 3 g; Fiber, 0 g; Sodium, 30 mg.