Consecrating Oil

One or more Melchizedek Priesthood holders may consecrate pure olive oil and set it apart for the purpose of anointing the sick. No other oil may be used. To consecrate oil, a priesthood bearer:

Holds an open container of olive oil.
Addresses our Heavenly Father.
States that the ordinance is performed by the authority of the Melchizedek Priesthood.
Consecrates the oil for the blessing and anointing of the sick.
Closes in the name of Jesus Christ.