The oil pump has a pressure relief built-in so it can only generate a certain maximum pressure, from that point on, the pressure drops as the oil goes through each passage/constriction/filter and then finally drains back into the oil pan where it is pumped back up to that original pressure again. The pump generates higher pressure at higher rpm, the relief valve just maintains a certain maximum value, the relief valve bleeds off any excess pressure when the oil is cold/thick or at higher rpm.