Saturday. June 26. 1982
For the first month in years, the United States sold more to oil-exporting countries than they sold to the United States. But the switch in May did not prevent a $3.3 billion trade deficit, the Commerce Department reported yesterday.</br></br>Imports surged by an apparent record amount to $21.5 billion, a climb of 18.4 percent from April, the . department said. Exports also were. up, rising 2.1 percent from April to $18.2 billion.</br></br>The import total would have been even larger except that the value of MayÛªs oil imports was the lowest since February 1979.</br></br>The United States imported $3.9 billion worth of oil during May as volume dropped to an average 4.1 million barrels a day. The value reflected a decrease of 2.85 percent. The per-barrel price dropped 61</br></br>NEW YORK, June 25ÛÓThe stock market posted a broad yet moderate decline in lackluster trading today, but the Dow Jones average of 30 industrials still had its best weekly gain in nearly two months.