First the Greek Analysis
Those who were foolish took their lamps and took no oil with them, 4 but the wise took oil in their vessels with their lamps. (Matthew 25:3-4 NKJV)
The Greek Word for Oil
ἔλαιον is used for both Matthew 25:3 and Matthew 25:4. Short Meaning Olive Oil.
The usage is to imply that olive oil used as fuel for a lamp to burn, so that light may result. The foolish had not enough fuel to keep the fire burning, where as the wise had fuel to keep the fire burning.
How it is used Metaphorically
We can understand what the "Oil Metephor" means when we understand what the "Lamp Metephor" means. Luckily Jesus has told us what this "Lamp Metephor" means.
We Have Two Accounts
“The lamp of the body is the eye. If therefore your eye is good, your whole body will be full of light. 23 But if your eye is bad, your whole body will be full of darkness. If therefore the light that is in you is darkness, how great is that darkness! (Matthew 6:22-23 NKJV)
The lamp of the body is the eye. Therefore, when your eye is good, your whole body also is full of light. But when your eye is bad, your body also is full of darkness. (Luke 11:34 NKJV)
This was determine when doing a study on the Light talked about in "1 John" resulting to mean "Understanding". However the study of the term Light will be placed aside for this teaching, for because of its bulky substance to get that conclusion. It is better to just ignore it for now.
Is Your Eye Good?
Let us understand this saying from the real greek meaning of the word here for good. For it says "when your eye is good". Luckily Greek is very specific for us so we can get the full meaning now.
The Greek word ὀφθαλμός means "the eye: from the root, ὀπ, to see"
The Greek word ἁπλοῦς means "properly, unfolded, single – literally, "without folds" (J. Thayer), referring to a single (undivided) focus"
So Matthew 6:22 could read "The lamp of the body is your focus. If therefore your focus is undivided, your whole body will be full of understanding."
The word for evil in Matthew 6:23 is πονηρὸς meaning "an adjective which is also used substantively, derived from 4192 /pónos, "pain, laborious trouble") – properly, pain-ridden, emphasizing the inevitable agonies (misery) that always go with evil."
So Matthew 6:23 could read "But if your focus is laborious, your whole body will be full of confusion. If therefore the understanding that is in you is confusion, how great is that confusion!"
So if the Lamp is Focus the "Oil Metephor" maintains that Focus
Let us do a substitution to see what Jesus is saying.
Those who were foolish took their focus and took no oil with them, 4 but the wise took oil in their vessels with their focus. (Matthew 25:3-4)
Decrypting The Vessles
The word translated as vessles is ἀγγείοις meaning "a vessel, flask, can". In other words something to carry the oil. Yet it is "with thier focus".
What do we carry with our focus?
For me and this is an educated guess, but I would say that I carry my thoughts with my focus.
So the Oil is "In My Container of Thoughts"?
Here I would define that the "Oil Metephor" is a "Type of Thought". Let us continue doing substitutions to see what Jesus is saying.
Those who were foolish took their focus and took no specific thought with them, 4 but the wise took a specific thought in their thoughts with their focus. (Matthew 25:3-4)
So let us read this understanding in context to the full message that Jesus was saying.
MT24.1 The Parable of the Fig Tree (Matthew 24:32-33 Decoded Version 1.0)
“Now learn from this: When a person has already become relaxed and starts to think, you know that the word is near. 33 So you also, when you see all these things, know that the word is near—at the tip of the lips!
MT24.2 The Faithful Servant and the Evil Servant (Matthew 24:45-51 Decoded Version 1.0)
“Who then is a faithful and wise servant, whom his master made ruler over his household, to give them sayings in due season? 46 Blessed is that servant whom his master, when he comes, will find so doing. 47 Assuredly, I say to you that he will make him ruler over all his goods. 48 But if that evil servant says in his heart, ‘My master is delaying his coming,’ 49 and begins to beat his fellow servants, and to eat and drink with the drunkards, 50 the master of that servant will come on a day when he is not looking for him and at an hour that he is not aware of, 51 and will cut him in two and appoint him his portion with the hypocrites. There shall be depression and anger.
MT25.1 The Parable of the Wise and Foolish Virgins (Matthew 25:1-13 Decoded Version 1.0)
“Then the kingdom of heaven shall be likened to ten virgins who took their attention and went out to meet the speaker. 2 Now five of them were wise, and five were foolish. 3 Those who were foolish took their attention and took no conversation topics with them, 4 but the wise took no conversation topics in their memory with their attention. 5 But while the speaker was delayed, they all slumbered and slept.
6 “And at midnight a cry was heard: ‘Behold, the speaker is coming; go out to meet him!’ 7 Then all those virgins arose and readied their attention. 8 And the foolish said to the wise, ‘Give us some of your conversation topics, for our attention is fading away.’ 9 But the wise answered, saying, ‘No, lest there should not be enough for us and you; but go rather to those who will prepare you, and ask for yourselves.’ 10 And while they went to get some topics, the speaker came, and those who were ready went in with him to the conversation; and the opportunity for conversation ended.
11 “Afterward the other virgins came also, saying, ‘Lord, Lord, open to us!’ 12 But he answered and said, ‘Assuredly, I say to you, I do not know you.’
13 “Watch therefore, for you know neither the day nor the hour in which the words spoken by a man is coming.
MT25.2 The Parable of the Talents (Matthew 25:14-30 Decoded Version 1.0)
14 “For the kingdom of heaven is like a man traveling to a far country, who called his own servants and delivered his sayings to them. 15 And to one he gave five sayings, to another two, and to another one, to each according to his own ability; and immediately he went on a journey. 16 Then he who had received the five sayings went and traded with them, and made another five sayings. 17 And likewise he who had received two gained two more also. 18 But he who had received one went and put it in the back of his mind, and hid his lord’s saying. 19 After a long time the lord of those servants came and settled accounts with them.
20 “So he who had received five sayings came and brought five other sayings, saying, ‘Lord, you delivered to me five sayings; look, I have gained five more sayings besides them.’ 21 His lord said to him, ‘Well done, good and faithful servant; you were faithful over a few things, I will make you ruler over many things. Enter into the joy of your lord.’ 22 He also who had received two sayings came and said, ‘Lord, you delivered to me two sayings; look, I have gained two more sayings besides them.’ 23 His lord said to him, ‘Well done, good and faithful servant; you have been faithful over a few things, I will make you ruler over many things. Enter into the joy of your lord.’
24 “Then he who had received the one saying came and said, ‘Lord, I knew you to be a hard man, reaping where you have not sown, and gathering where you have not scattered seed. 25 And I was afraid, and went and hid your saying in the back of my mind. Look, there you have what is yours.’
26 “But his lord answered and said to him, ‘You wicked and lazy servant, you knew that I reap where I have not sown, and gather where I have not scattered seed. 27 So you ought to have deposited my saying with others, and at my coming I would have received back my own with interest. 28 Therefore take the sayings from him, and give it to him who has ten sayings.
29 ‘For to everyone who has paid attention, more attention will be given, and he will have abundance; but from him who does pay attention, even what attention he has been given will be taken away. 30 And cast the unprofitable servant into the outer darkness. There will be depression and anger.’
MT25.3 Sheep and goats will be separated (Matthew 25:31-46 Decoded Version 1.0)
When the glorious word comes, and also those watching, the master of Joy will sit on the throne of his glory. All the nations will be gathered before Him, and He will separate them one from another, as a shepherd divides words from the spirit of Love from the words from the spirit of error. 33 And He will set the words from the spirit of Love on His right hand, but the words from the spirit of error on the left. 34 Then the King will say to those on His right hand, ‘Come, you blessed of My Father, inherit the kingdom prepared for you from the foundation of the world: 35 for I wanted to know and you taught me what I needed; I was in need of comfort and you gave me encouragement; you did not know what I wanted to say and you listened to me; 36 I was exposed and you covered me; I broke my word and you still listened to me; I thought I could tell no one and you where a safe place for my words.’
37 “Then the righteous will answer Him, saying, ‘Lord, when did we teach you, or encourage you? 38 When did we see listen to your unknowns, or cover you? 39 Or when did we listen to your mistakes, or your secrets?’ 40 And the King will answer and say to them, ‘Assuredly, I say to you, inasmuch as you did it to one of the least of these my words, you did it to me.’
41 “Then He will also say to those on the left hand, ‘Depart from Me, you cursed, into the everlasting fire prepared for the devil and his angels to be forgotten: 42 for I wanted to know and you taught me nothing; you gave me no encouragement; 43 you never would listen to me, when others found out things you just laughed at me, everything wrong that I said you picked on me, and I never felt that I could trust you with my dark secrets.’
44 “Then they also will answer Him, saying, ‘Lord, when did we see needing to learn or needing encouragement or lost in an unknown environment or exposed or understanding in error or deep in thought about your secrets, and did not minister to You?’
45 Then He will answer them, saying, ‘Assuredly, I say to you, inasmuch as you did not do it to one of the least of these, you did not do it to Me.’ 46 And these will go away into everlasting punishment, but the righteous into eternal life.”