Warmth oil in a medium saucepan over medium. Prepare dinner onion, stirring sometimes, till softened and golden brown, 10–quarter-hour. Stir in tomato sauce, vinegar, black pepper sauce, honey, molasses, tomato paste, mustard powder, Worcestershire sauce, liquid smoke, salt, garlic powder, smoked paprika, floor black pepper, onion powder, and ginger. Improve warmth to medium-high and convey sauce to a simmer. Cut back warmth to medium-low and simmer gently, stirring sometimes, till thickened, 15–20 minutes.