Preheat oven to 325°F. Place roast on rack in foil-lined roasting pan. Brush lightly with oil.
Mix onion powder, garlic salt, Italian seasoning and pepper in small bowl. Rub evenly over entire roast.
Roast 1 1/2 hours or until desired doneness. Cover loosely with foil. Let stand 10 to 15 minutes before slicing. Serve with Perfect Brown Gravy, if desired.