Preheat your oven to 375°F (190°C).
In a large mixing bowl, whisk together the all-purpose flour, baking powder, salt, and sugar until well combined.
Add the milk and vegetable oil to the dry ingredients.
Stir the mixture with a spoon until a soft dough forms. Do not overmix.
Lightly flour a clean surface and turn the dough out onto it.
Knead the dough gently for about 1 minute until smooth.
Shape the dough into a round loaf and place it on a greased or parchment-lined baking sheet.
Using a sharp knife, score a shallow cross on the top of the loaf to help it expand while baking.
Bake in the preheated oven for 25 to 30 minutes, or until the bread is golden brown and sounds hollow when tapped on the bottom.
Remove the bread from the oven and let it cool on a wire rack before slicing.