In a high-speed blender, combine all the ingredients. Process until the outside of the blender container is warm, 2 to 3 minutes. Transfer to a glass jar or bowl, cover, and let stand overnight.
The next day the solids will have settled to the bottom of the container. Pour the clear oil from the top. Discard the solids. Use immediately, or store in an airtight container in the refrigerator for up to 2 weeks.