Explanation
Object Lifecycle Management lets you automatically manage the archiving and deletion of objects. By using Object Lifecycle Management to manage your Object Storage and Archive Storage data, you can reduce your storage costs and the amount of time you spend managing data.
Use object name filters to specify which objects the lifecycle rule applies to.
You can add object filters in any order. Object Lifecycle Management evaluates the precedence of the rules as follows:
Pattern exclusions
Pattern inclusions
Prefix inclusions

The Oracle Cloud Infrastructure Block Volume service provides you with the capability to group together multiple volumes in a volume group. A volume group can include both types of volumes, boot volumes, which are the system disks for your Compute instances, and block volumes for your data storage. You can use volume groups to create volume group backups and clones that are point-in-time and crash-consistent.
This simplifies the process to create time-consistent backups of running enterprise applications that span multiple storage volumes across multiple instances. You can then restore an entire group of volumes from a volume group backup.
To create a backup of the volume group
Open the navigation menu. Under Core Infrastructure, go to Block Storage and click Volumes Groups.
In the Volume Groups list, click Create Volume Group Backup in the Actions menu for the volume group you want to create a backup for.

Explanation
Autonomous Database automatically backs up your database for you.In addition to automatic backups Autonomous Database also allows you take manual backups to your Oracle Cloud Infrastructure Object Storage. for example if you want to take a backup before a major change to make restore and recovery faster.
Also, Manual backups are only supported with buckets created in the standard storage tier if you provision an Autonomous Data Warehouse instance named ADWC1, the bucket name should be backup_adwc1 (the bucket name is lowercase)

Explanation/Reference: https://docs.cloud.oracle.com/en-us/iaas/Content/General/Concepts/regions.htm