Chili Oil CHILI OIL In a small saucepan, heat 1/3 cup cooking oil and 2 tablespoons sesame oil to 365 degrees. Remove from heat and stir in 2 tablespoons ground red pepper. Cool. Strain. Cover and store in the refrigerator. Bring to room temperature before using. Good Luck,have fun, and enjoy! Posted by Hazel on August 21, 1996 at 06:47:18: