Demand does change the price. You can see the price drop during economic downturns. Supply and demand are two sides of a single equation. It simply doesn’t make sense to say that only one impacts prices.
Prices had been dropping recently despite KSA reducing supply, until the attacks in Israel that is.
Ah the dangers of Google translate and synonyms. You got the wrong definition for right when translating to Irish, the one you have means correct, deis is the word for right (direction). Clé is left, the h appears in certain contexts for grammatical reasons.