Preheat the oven to 425 degrees F. Place the roast in a large, shallow baking dish (or rimmed baking sheet). Rub the oil on all sides of the roast. Sprinkle with the salt and pepper. Place the meat in the oven and roast at 425 degrees F for 30-35 minutes (for medium-rare). The meat should register 125 degrees F on a meat thermometer. Transfer the meat to a cutting board and cover loosely with foil. Let rest for 10 minutes before thinly slicing and serving.