Create a Storage Volume
A storage volume is a virtual disk that provides persistent block storage space for instances in Oracle Cloud Infrastructure Compute Classic. You can create storage volumes and attach them to instances to provide block storage capacity for storing data and applications. You can also associate a storage volume with a machine image, and then use the storage volume as the boot disk for an instance.
While the new storage volume is being created, the Status field for the storage volume shows Initializing.
When the storage volume is ready, the Status field changes to Online.