Preheat the oven to 190 C (375 F).
Wash the roast beef, pat dry and season with salt and pepper. Place it, fat side down, on a rack in the roasting pan.
Heat oil in a roasting pan. Quickly brown the meat on a stovetop. Pour hot oil over it. Put it in the preheated oven. Beef roast cooking time is 20 minutes for each one inch of meat. Baste the meat often with chicken broth.
Let the roast stand for at least 15 minutes before carving.
