$re = '/(?<=embed\/)(.+?)(?=\?)/';
$str = '<iframe src="//cdn.embedly.com/widgets/media.html?src=https://www.youtube.com/embed/e7zCqsjK1Vg?feature=oembed&url=http://www.youtube.com/watch?v=e7zCqsjK1Vg&image=https://i.ytimg.com/vi/e7zCqsjK1Vg/hqdefault.jpg&key=2aa3c4d5f3de4f5b9120b660ad850dc9&type=text/html&schema=youtube" width="600" height="338" scrolling="no" frameborder="0" allowfullscreen="" style="box-sizing: content-box; max-width: 100%; border: 0px;" fr-original-style="box-sizing: content-box; max-width: 100%; border: 0px;" fr-original-class="embedly-embed"></iframe>
<iframe src="//cdn.embedly.com/widgets/media.html?src=https://www.youtube.com/embed/skLz87ixE48?feature=oembed&url=http://www.youtube.com/watch?v=skLz87ixE48&image=https://i.ytimg.com/vi/skLz87ixE48/hqdefault.jpg&key=2aa3c4d5f3de4f5b9120b660ad850dc9&type=text/html&schema=youtube" width="600" height="338" scrolling="no" frameborder="0" allowfullscreen="" style="box-sizing: content-box; max-width: 100%; border: 0px;" fr-original-style="box-sizing: content-box; max-width: 100%; border: 0px;" fr-original-class="embedly-embed"></iframe>
';
preg_match_all($re, $str, $matches, PREG_SET_ORDER, 0);
// Print the entire match result
var_dump($matches);
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for PHP, please visit: http://php.net/manual/en/ref.pcre.php