The striker, who was on Sunday named in Vicente Del Bosque's Spain squad for Euro 2012, had shocked the Blues with an outburst following the triumphant Champions League final, attacking his treatment by the club and threatening to quit west London this summer.
However, four days ago the 28-year-old backtracked, insisting he had simply wanted to play more last season when his "mind was like a rollercoaster" and that he was happy at Chelsea.
Today he revealed that Abramovich's trust convinced him to stay.
Torres told reporters at a press conference: "I had a conversation with the owner of Chelsea and he trusts me.
"His confidence is total and that is what I needed to keep fighting and continue to be essential for the team."
Source: PA
Source: PA