Gather all ingredients.
In a small bowl, combine olive oil and minced garlic.
Add chopped fresh basil and parsley to the bowl.
Sprinkle in dried oregano and red pepper flakes.
Season with salt and pepper to taste.
If desired, add balsamic vinegar for extra depth.
Mix all ingredients thoroughly.
Allow the mixture to sit for at least 10 minutes to let flavors meld.
Serve in a shallow dish for dipping.
Pair with crusty bread and enjoy!