Step 1

Drain juice from oysters into small bowl. Set aside.

Step 2

Add butter to large saucepan. Heat on medium-low heat until melted.

Step 3

Add chopped onions and cook until translucent and tender, about 8 to 10 minutes.

Step 4

Add oyster liquor and cook until mostly reduced, about 10 minutes.

Step 5

Stir in milk and half-and-half and heat to simmer. Do not allow to boil as it will cause your milk to curdle.

Step 6

Add oysters and continue on simmer until outer edges of oysters curl, about 8 minutes.

Step 7

Remove from the heat, allow to cool slightly, and add salt and black pepper, to taste.

Step 8

Serve with mini saltines or oyster crackers.