Oleg Khvostov was born in 1972 in Leningrad. He received no specialized artistic education. Having served in the Russian Navy's northern fleet, he decided to enroll at the Arts Academy, but having completed the preparatory courses he decided not to pursue a higher education in the arts. Khvostov's first artistic works appeared in 1995. In 1997, the artist showed his works for the first time at the Borei Gallery in St. Petersburg and was invited to join the New Blockheads art group. According to Khvostov, this gained him an entry to the leading exhibition spaces in St. Petersburg. In 1999, he held his first personal exhibition, “Self-portraits – 200+1” at the Navicula Artis gallery. In 2000, Khvostov left the New Blockheads group. Khvostov took part in the Tirana Contemporary Art Biennial (Albania, 2001) and the First Moscow Contemporary Art Biennial (2005), and received a grant from Marat Guelman's Foundation for the Support of Modern Art. In 2010, he worked on a personal exhibition titled “Absolute Painting” at the Gridchinhall residence, taking part in group projects in parallel. In 2014, Oleg Khvostov held a personal exhibition at Cultural Alliance Gallery - Marat Guelman’s Project at the Winzavod contemporary art center. The exhibition called “Lavandos”, which stands for “money” in Russian slang, presented lavender landscapes from Provence. The artist is now renting a studio at the Krasny Treugolnik (Red Triangle Factory) art cluster in St. Petersburg, where he is painting and working productively. In 2015 the artist had a personal exhibit in Moscow Art4 museum and since then he has participated in several important group exhibitions in Moscow.