In a 2-quart saucepan, combine all of the ingredients. Simmer, uncovered, over medium-low heat, stirring occasionally, until the mixture is reduced to about 2 cups (approx. 15 minutes).
Use warm or at room temperature.
Notes
This is a great sauce to use for barbecued chicken sandwiches.
Refrigerate any extra or if making ahead.
If preparing this recipe as GLUTEN-FREE, just be sure to use brands of ketchup, worcestershire sauce and molasses that do not contain gluten.